Manufacturing Shipments and Financial System Review will be released in Canada and the US will publish Unemployment Claims and Continuing Claims.
The pair is finding support at 1.40740 with resistance at 1.41280 which both lines are above the weekly pivot point at 1.40040. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is falling towards 50 level, 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 below the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 1.41790.