Today BOC Governor Stephen Poloz Speaks and the US will release Unemployment Claims.
The pair is finding support at 1.32310 with resistance at 1.32700 which both lines are below the weekly pivot point at 1.32850. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 100 and the EMA of 200. The RSI is moving below 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momentum. The ADX is not showing any clear signals. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a downward trend and the Kijun-sen is showing a horizontal trend.
Short positions are recommended towards 1.32100.