Canada will release Balance of Trade and the US will publish ISM Non-Manufacturing PMI and Balance of Trade.
The pair is finding support at 1.28070 with resistance at 1.28810 which the weekly pivot point at 1.28220 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is falling towards the 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The price will be fluctuating within 1.27 and 1.29 area.

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