MI Inflation Gauge and Retail Sales were released in Australia and today FOMC Member Raphael W. Bostic Speaks.
The support rests at 0.76280 with resistance at 0.78050 which the weekly pivot point at 0.77430 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving below level 50, the MACD line is in the negative territory and the Stochastic is moving in low rages. The ADX is showing sell signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a horizontal trend and the Kijun-sen is showing an upward trend.
Short positions are recommended towards 0.76000.