National CPI, Unemployment Rate and Retail Sales were released in Japan and the US will publish PCE Core, Personal Spending and Chicago Purchasing Managers Index.
The support rests at 106.830 with resistance at 107.410 which both lines are below the weekly pivot point at 107.590. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
While bears are running the chat, sellers can target 106.750.