Producer Price Index has been released in New Zealand and the US will publish Building Permits and Housing Starts.
The support rests at 0.63730 with resistance at 0.64120 which the weekly pivot point at 0.63820 is located in between the lines. The EMA of 10 is moving horizontally in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a horizontal trend while the Kijun-sen is showing an upward trend.
Long positions are recommended towards 0.64400.

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