New Zealand has published Building Permits and ANZ Commodity Prices. Crude Oil Inventories, ISM Non-Manf. and Final Services PMI will be released in the US.
The support rests at 0.62510 with resistance at 0.63080 which the weekly pivot point at 0.62660 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is falling towards 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 0.63100.