Consumer Inflation Expectation, Unemployment Rate and Employment Change were released in Australia and the US will publish Unemployment Claims and Continuing Claims.
The support rests at 0.71320 with resistance at 0.72160 which the weekly pivot point at 0.71520 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, 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 above 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 0.7240.