Industrial Production has been released in Japan and the US will publish Building Permits and Housing Starts.
The support rests at 107.220 with resistance at 107.640 which both lines are above the weekly pivot point at 107.160. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving above 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The bullish trend is limited to the upper Bollinger band at 107.600, then sellers can return to the market.