Canada will release BoC Gov Poloz Speech and the US will publish Inflation Rate YoY and 30-Year Bond Auction.
The pair is finding support at 1.28320 with resistance at 1.28850 which the weekly pivot point at 1.28720 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 rising towards the 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 1.30.

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