Monetary Policy Meeting Minutes has been released in Australia and the US will publish JOLTS Job Openings, Industrial Production m/m, Capacity Utilization Rate, Housing Starts and Building Permits.
The support rests at 0.68400 with resistance at 0.68830 which the weekly pivot point at 0.68720 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 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signal. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a horizontal trend and the Kijun-sen is showing an upward trend.
Long positions are recommended towards 0.68900.
