Wage Cost Inde and Westpac Consumer Sentiment were published in Australia and today there will be Federal Reserve Chairman Jerome Powell Talk.
The support rests at 0.64300 with resistance at 0.65140 which the weekly pivot point at 0.64840 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 on 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a horizontal trend while the Kijun-sen is showing an upward trend.
Long positions are recommended towards 0.65500.
