Japan has released the All Industries Activity m/m and Flash Manufacturing PMI and the US will publish Existing Home Sales, Flash Services PMI, and Flash Manufacturing PMI.
The support rests at 107.250 with resistance at 108.100 which both lines are above the weekly pivot point at 106.900. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, 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.
Long positions are recommended towards 108.5.

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