National CPI, National CPI ex Fresh Food and Tokyo CPI ex Fresh Food & Energy were published in Japan and the US will release PCE Core and Personal Spending.
The support rests at 106.890 with resistance at 107.310 which the weekly pivot point at 107.060 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on level 50, 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 bullish trend is targeting 107.500.