Canada will publish Labor Productivity QoQ and the US will release ISM Non-Manufacturing PMI and Markit Services PMI Final.
The pair is finding support at 1.29090 with resistance at 1.29590 which the weekly pivot point at 1.29400 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving on the 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is showing sell signal. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
The support level breakthrough will smooth the way for further decline towards 1.2750; otherwise, the pair will grow to 1.30.