Overnight Rate and BOC Rate Statement will be released in Canada and the US will publish ISM Non-Manf. and Crude Oil Inventories.
The pair is finding support at 1.32780 with resistance at 1.33170 which the weekly pivot point at 1.32850 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving below 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
While considering pullbacks on the way buyers can target 1.3320.
