Japan released the Tertiary Industry Activity m/m and Flash Manufacturing PMI. The US will publish NAHB Housing Market Index, Flash Services PMI, Flash Manufacturing PMI and Empire State Manufacturing Index.
The support rests at 109.220 with resistance at 109.610 which both lines are above the weekly pivot point at 109.160. 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 middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The resistance line seems to be too strong to be broken, the price may fall towards the weekly pivot point.