Australia released AIG Performance of Service Index, ANZ Jobs Advertisements, Trade Balance and RBA Interest Rate Decision. The US will publish JOLTs Job Openings and Consumer Credit.
The support rests at 0.60810 with resistance at 0.62200 which both lines are above the weekly pivot point at 0.60630. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 0.62500.
