Company Operating Profits and Private Sector Credit data were released in Australia and the US will publish Chicago Purchasing Managers Index and Pending Home Sales.
The support rests at 0.0.73500 with resistance at 0.74210 which both lines are above the weekly pivot point at 0.73500. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards level 50, the MACD line is on the signal line in the neutral territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing a horizontal trend and the Kijun-sen is showing an upward trend.
Long positions are recommended towards 0.74400.