Trade Balance and RBC Manufacturing PMI (s.a.) will be published in Canada and Unemployment Rate, Non-Farm Payrolls and Continuing Claims will be published in the US.
The pair is finding support at 1.35450 with resistance at 1.36660 which the weekly pivot point at 1.36310 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is located below 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 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 is showing a downward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 1.37200.
