Domestic Corporate Goods Price Index was released in Japan and the US will publish Consumer Price Index, Consumer Price Index Core and Crude Oil Inventories.
The support rests at 104.330 with resistance at 104.810 which the weekly pivot point at 105.260 is located above the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 100 and the EMA of 200. The Stochastic is moving in low ranges, the RSI is moving in oversold area. The MACD is moving in negative territory and the ADX is not showing any clear signals.
The bearish pressure may still hit the lower Bollinger band at 104.250 but the correction pattern towards 105 will begin afterwards.