NAB Business Confidence and ANZ Jobs Advertisements have been published in Australia and there will be Federal Reserve Chairman Jerome Powell talk in the US.
The support rests at 0.67330 with resistance at 0.67650 which the weekly pivot point at 0.67380 is located in between the lines. 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 falling towards 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is showing upward momentum. The ADX is showing buy signal. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 0.67700.
