NAB Business Confidence was reported in Australia. JOLTs Job Openings, NFIB Small Business Index and 10-y Bond Auction will be released in the US along with the FOMC Members’ talks.
The support rests at 0.72560 with resistance at 0.73040 which both lines are above the weekly pivot point at 0.71800. 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 in overbought area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 0.73400.