Japan released the BOJ Core CPI y/y and SPPI y/y and the US will publish CB Consumer Confidence, S&P/CS Composite-20 HPI y/y and HPI m/m.
The support rests at 113.340 with resistance at 113.870 which both lines are above the weekly pivot point at 112.810. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
Long positions are recommended towards 114.
