Japan released the Flash Manufacturing PMI and the US will publish Crude Oil Inventories, Natural Gas Storage, CB Leading Index m/m, Flash Services PMI, Flash Manufacturing PMI and Unemployment Claims.
The support rests at 109.490 with resistance at 109.870 which both lines are above the weekly pivot point at 109.220. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and below the EMA of 200. The RSI is moving above the 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 buy signal.
USDJPY is moving very slowly towards 110.
