Retail Sales data was released in Australia and the US will publish Existing Home Sales, Richmond Fed Manufacturing Index and Consumer Confidence.
The support rests at 0.75110 with resistance at 0.76390 which the weekly pivot point at 0.75900 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 rising towards level 50, the MACD line is in the negative territory and the Stochastic is showing downward momentum. The ADX is showing sell signal. The price is in 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.
While considering pullbacks, buyers can target 0.76700.
