Trade Balance has been released in New Zealand and there was RBNZ Governor Adrian Orr’s speech. The US is publishing GDP, Durable Goods Orders and Unemployment Claims.
The support rests at 0.64140 with resistance at 0.64420 which both lines are above the weekly pivot point at 0.64080. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and 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 not showing any clear signals. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 0.64600.
