The US is not releasing any economic data but Japan has published All Industry Activity Index MoM.
The support rests at 112.080 with resistance at 112.770 which both lines are above the weekly pivot point at 111.840. 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 rising towards the 50 level, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any strong signals.
While considering pullbacks on the way, buyers can target 114.
