Gross Domestic Product came better than expected in Australia. The US will release ADP Non-Farm Employment Change, Final Services PMI and ISM Non-Manf.
The support rests at 0.77910 with resistance at 0.78480 which the weekly pivot point at 0.78010 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the MACD line is in the positive territory and the Stochastic is moving in high rages. The ADX is showing buy 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 0.79000.