Australia has published Building Approvals and the US will release Personal Spending and Consumer Confidence.
The support rests at 0.68770 with resistance at 0.69100 which both lines are below the weekly pivot point at 0.69570. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the MACD line is on the signal line in the neutral territory and the Stochastic is showing downward momentum. The ADX is showing sell signal. The price is below the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a downward trend.
Short positions are recommended towards 0.68500.