Core Machinery Orders data was released in Japan and BOJ Governor Haruhiko Kuroda delivered a speech. The US will publish Import price index, Crude Oil Inventories and Beige Book.
The support rests at 108.600 with resistance at 109.230 which the weekly pivot point at 109.800 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 200 and below the EMA of 100. The Stochastic is moving in low ranges, the RSI is growing towards level 50. The MACD is moving in negative territory and the ADX is showing sell signal.
If the price gets settled around the support line, further decline will be expected targeting 107.300.