Business NZ Manufacturing Index was published in New Zealand and the US will release Leading Index.
The support rests at 0.59770 with resistance at 0.60580 which the weekly pivot point at 0.60110 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is showing upward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
While considering pullbacks, long positions are recommended towards 0.60950.

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