BSI Manufacturing Index has been published in Japan and the US will release PPI and Unemployment Claims.
The support rests at 103.170 with resistance at 105.580 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 below 50 level, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is showing sell signal.
The support level breakthrough will confirm the bearish trend towards the lower Bollinger band at 101.900.
