RBA Deputy Governor and Assistant Governor have spoken in Australia. The US is publishing Consumer Confidence.
The support rests at 0.71130 with resistance at 0.71570 which both lines are above the weekly pivot point at 0.71050. 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 on level 50, the MACD line is on the signal line in the neutral territory and the Stochastic is moving in middle ranges. The ADX is not showing any clear signal. The price is above the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a horizontal trend and the Kijun-sen is showing an upward trend.
The indicators are showing mixed signals. Short positions are recommended towards 0.70850.
