Japan has released Nikkei Manufacturing PMI Flash and the US will publish FOMC Minutes, New Home Sales and EIA Crude Oil Stocks Change.
The support rests at 110.080 with resistance at 111.060 which the weekly pivot point at 110.340 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 falling towards the oversold area, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing weak sell signal.
110 will remain the floor of the market, then the pair will grow towards 112.