Economy Watchers Survey was published in Japan and there are no major economic reports in the US.
The support rests at 101.530 with resistance at 104.170 which both lines are below the weekly pivot point at 106.310. 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 moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
The support line seems to be too strong to be broken. Long positions are recommended towards 104.500.
