Japan released the Trade Balance and the US will publish Crude Oil Inventories.
The support rests at 109.360 with resistance at 109.570 which both lines are above the weekly pivot point at 109.160. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support level breakthrough will confirm the correction trend towards 38.2 level of Fibonacci at 109.200.