BoJ MPC Interest Rate Announcement and Monetary Policy Meeting Minutes is released in Japan and there are no major economic reports in the US.
The support rests at 109.770 with resistance at 110.130 which the weekly pivot point at 109.990 is located in between the lines. 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 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 showing sell signal.
The price has reached the lower Bollinger band so there is a high possibility of price growth towards 110.300.