Japan has released Tertiary Industry Index MoM and the US will publish Inflation Rate and Monthly Budget Statement.
The support rests at 110.020 with resistance at 110.820 which both lines are above the weekly pivot point at 109.670. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signals.
Long positions are recommended towards 111.
