Manufacturing Sales YoY has been published in New Zealand and the US will release PPI MoM and Redbook data.
The support rests at 0.65700 with resistance at 0.66080 which both lines are below the weekly pivot point at 0.66250. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards oversold area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signal. The price is in 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 0.65500.