Canada will publish Unemployment Rate and Employment Change. The US will release Trade Balance, Unemployment Rate and Non-Farm Payrolls.
The pair is finding support at 1.33570 with resistance at 1.34440 which the weekly pivot point at 1.33690 is located in between the lines. 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 on the signal line in the neutral territory and the Stochastic is moving in low ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 1.34600.
