There are no major economic reports in Japan but the US will release Chicago Fed National Activity Index.
The support rests at 111.030 with resistance at 111.460 which both lines are above the weekly pivot point at 110.340. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is showing upward momentum and the MACD indicator is in positive territory. The ADX is showing buy signals.
Long positions are recommended towards 112.

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