Unemployment Rate and Employment Change has been published in Australia and the US will release Philadelphia Fed Manufacturing Index.
The support rests at 0.71170 with resistance at 0.71500 which both lines are above the weekly pivot point at 0.70990. The EMA of 10 is moving horizontally in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momentum. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 0.72.