New Zealand is publishing PPI Output and Input QoQ and the US is releasing Philadelphia Fed Manufacturing Index and Building Permits MoM.
The support rests at 0.65510 with resistance at 0.66070 which both lines are below the weekly pivot point at 0.66370. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards the 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. 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 0.664.

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