Employment Change, Unemployment Rate and Balance of Trade will be released in Canada and the US will publish Non-Farm Payrolls and Unemployment Rate.
The pair is finding support at 1.29090 with resistance at 1.29470 which both lines are below the weekly pivot point at 1.29650. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located below the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
While considering pullbacks on the way, buyers can target 1.2988.
