Consumer Price Index was released in New Zealand and the US will publish ISM Manufacturing and Composite PMI.
The support rests at 0.66010 with resistance at 0.66460 which the weekly pivot point at 0.66200 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is rising towards overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
The price has hit the channel and there is a high probability of price decline towards 0.65800.
