Japan released the BOJ Summary of Opinions and the US will publish Consumer Credit m/m, 10-y Bond Auction and Crude Oil Inventories.
The support rests at 105.490 with resistance at 106.720 which both lines are below the weekly pivot point at 107.480. 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 RSI is rising towards 50 level, the Stochastic is showing downward momentum and the MACD line is above the signal line in the negative territory. The ADX is showing sell signal.
The indicators are showing mixed signals. Considering pullbacks on the way, buyers can target 107.100.
