MI Leading Index was published in Australia and the US will release Building Permits and Housing Starts.
The support rests at 0.68270 with resistance at 0.68990 which both lines are below the weekly pivot point at 0.69120. 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 above the signal line in the positive territory and the Stochastic is moving in low ranges. The ADX is showing weak sell signal. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a downward trend.
The indicators are showing mixed signals. While the bearish pressure remains, sellers can target 0.67400.