Balance of Trade will be released in New Zealand and the US will publish Dallas Fed Manufacturing Index.
The support rests at 0.67760 with resistance at 0.68280 which the weekly pivot point at 0.68070 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards the 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momentum. 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 downward trend.
If the price reaches beyond the resistance line, buyers can target 0.686.
