Japan is not releasing any economic data but the US will publish Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment.
The support rests at 110.620 with resistance at 111.180 which both lines are below the weekly pivot point at 111.76. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving below the 50 level, the Stochastic is showing downward momentum and the MACD line is on the signal line in the neutral territory. The ADX is showing sell signal.
The support level breakthrough will push the price down towards 110 otherwise it will start its correction pattern targeting 112.

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