Canada is releasing Trade Balance and the US will publish ISM Non-Manf. and Crude Oil Inventories.
The pair is finding support at 1.32400 with resistance at 1.32910 which both lines are above the weekly pivot point at 1.32100. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 100 and the EMA of 200. The RSI is moving on 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 1.3320.
