ADP Employment Change and New Motor Vehicle Sales will be published in Canada and the US will release Retail Sales and Business Inventories.
The pair is finding support at 1.32020 with resistance at 1.32550 which both lines are above the weekly pivot point at 1.31660. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in middle ranges. The ADX is showing sell signal. The price is above the Ichimoku Cloud and below Chinkou Span. The Tenkan-sen is showing a horizontal trend while the Kijun-sen is showing an upward trend.
Long positions are recommended towards 1.3290.
