Japan released the BOJ Core CPI y/y and SPPI y/y while the US will publish the Richmond Manufacturing Index, CB Consumer Confidence, S&P/CS Composite-20 HPI y/y and HPI m/m.
The support rests at 105.310 with resistance at 106.080 which the weekly pivot point at 105.800 is located in between lines. 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 falling towards oversold area, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
The indicators are showing bearish pressure. Sellers can target the lower Bollinger band at 105.100.