New Zealand has published CPI data and the US will release Manufacturing and Industrial Production.
The support rests at 0.67090 with resistance at 0.67450 which both lines are above the weekly pivot point at 0.66590. 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 moving in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in middle ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is and the Kijun-sen are both showing an upward trend.
Short positions are recommended towards 0.66800.
