Core Machinery Orders and Domestic Corporate Goods Price Index were released in Japan and the US will publish Unemployment Claims, Import price index and Continuing Claims.
The support rests at 103.710 with resistance at 104.160 which the weekly pivot point at 103.550 is located below the lines. 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 Stochastic is moving in high ranges, the RSI is moving above level 50. The MACD is moving in neutral territory and the ADX is showing sell signal.
Considering the bullish pressure, buyers can expect the upper Bollinger band at 104.400.