US will publish Retail Sales MoM, Industrial Production and Michigan Consumer Sentiment Prel and Canada will release New Motor Vehicle Sales.
The pair is finding support at 1.33260 with resistance at 1.33500 which both lines are below the weekly pivot point at 1.33590. 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 above 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 in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 1.33700.
