There are no major economic reports in New Zealand but ISM Manufacturing, Construction Spending, Continuing Claims and PCE Core data will be published in the US.
The support rests at 0.66230 with resistance at 0.66610 which both lines are above the weekly pivot point at 0.66120. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located below the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 0.66700.
