The UK is publishing Inflation Rate YoY and the US will release Fed Interest Rate Decision. The US FOMC Economic Projections and the Fed Press Conference will bring some volatility to the market.
The support rests at 1.33420 with resistance at 1.33780 which both lines are below the weekly pivot point at 1.33930. The EMA of 10 is moving with bearish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is rising towards the 50 level, the Stochastic is showing downward momentum and MACD is in the negative territory. The ADX is not showing any clear signals.
The support level break through will push the pair down towards 1.33; otherwise, it will grow towards 1.345.