Tertiary Industry Index, PMI Composite and Consumer Confidence were released in Japan and the US will publish FOMC Meeting Minutes.
The support rests at 102.640 with resistance at 103.100 which the weekly pivot point at 103.370 is located above the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The Stochastic is showing upward momentum, the RSI is rising towards level 50. The MACD is moving in negative territory and the ADX is showing weak sell signal.
As long as the support line remains intact, buyers can target the upper Bollinger band at 103.300.