Japan released the 30-y Bond Auction and the US will publish Crude Oil Inventories, Natural Gas Storage, Factory Orders m/m, ISM Non-Manufacturing PMI, Final Services PMI, Unemployment Claims, Revised Unit Labor Costs q/q, Revised Nonfarm Productivity q/q, ADP Non-Farm Employment Change and Challenger Job Cuts y/y.
The support rests at 105.980 with resistance at 107.120 which both lines are above the weekly pivot point at 105.800. The EMA of 10 is moving with bullish bias in the horizontal channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The price growth may continue towards 107.00.