EAustralia released AIG Manufacturing Index and PMI Manufacturing (CBA). Later today the US will publish ISM Manufacturing Prices, Construction Spending and Crude Oil Inventories.
The support rests at 0.59480 with resistance at 0.61640 which the weekly pivot point at 0.60220 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in middle ranges. The ADX is showing sell signal. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 0.62400.