Japan has released All Industries Activity m/m data, and the US will publish Crude Oil Inventories.
The support rests at 108.720 with resistance at 109.370 which both lines are above the weekly pivot point at 107.450. 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 line is above the signal line in the positive territory. The ADX is showing buy signal.
Long positions are recommended towards 110.