ADP Employment Change, New Motor Vehicle Sales and Foreign Securities Purchases will be published in Canada and the US will release Michigan Consumer Sentiment Prel, Industrial Production, Export and Import Prices.
The pair is finding support at 1.32920 with resistance at 1.33200 which both lines are above the weekly pivot point at 1.32310. 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 rising towards the overbought area, 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 the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
The price may grow towards 1.33600 but then sellers can target 1.32500.
