Westpac Consumer Sentiment was released in Australia and the US will release NAHB Housing Market Index.
The support rests at 0.76730 with resistance at 0.77420 which the weekly pivot point at 0.77250 is located in between the lines. The EMA of 10 is moving with bulliish bias in the descendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above level 50, the MACD line is in the positive territory and the Stochastic is moving in high rages. The ADX is showing buy signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing an upward trend and the Kijun-sen is showing a horizontal trend.
The bullish trend is limited around 1.77600; the decline starts afterwards.
