Canada will release Manufacturing Shipments and the US will publish NY Fed Empire State manufacturing index.
The pair is finding support at 1.35810 with resistance at 1.37320 which both lines are above the weekly pivot point at 1.35220. 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 in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is showing upward momentum. The ADX is showing buy signal. The price is above the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 1.37500.
