Japan released the Flash Manufacturing PMI and the US will release Flash Services PMI, and Flash Manufacturing PMI.
The support rests at 112.730 with resistance at 113.050 which both lines are below the weekly pivot point at 113.220. The EMA of 10 is moving horizontally in the horizontal channel and it is below the EMA of 100 and above the EMA of 200. The RSI is moving on the 50 level, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
The pair will be fluctuating within the lower and upper Bollinger bands. The support level breakdown may lead to a decline towards 112.12.
