Current Account and RBC Manufacturing PMI (s.a.) were released in Canada and the US will publish ISM Manufacturing and there will be FOMC Members talks.
The pair is finding support at 1.26280 with resistance at 1.27840 which the weekly pivot point at 1.26850 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located below the EMA of 200 and above the EMA of 100. The RSI is moving in 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 above the Chinkou Span. The Tenkan-sen is showing an upward trend and the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 1.28000.