Japan is not releasing any economic data but the US will publish Beige Book, Crude Oil Inventories, Housing Starts, and Building Permits.
The support rests at 112.820 with resistance at 113.190 which both lines are above the weekly pivot point at 111.840. 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 line is above the signal line in the positive territory. The ADX is showing strong bullish trends.
Long positions are recommended towards 114.5.
