Summary of Opinions, Corporate Service Price Index and Leading Indicators were released in Japan and the US will publish Crude Oil Inventories and House Price Index.
The support rests at 106.310 with resistance at 106.790 which both lines are below the weekly pivot point at 107.060. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving below level 50, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The possible price decline may target 106.
