Consumer Price Index and Common Core CPI data will be published in Canada and the US will release Retail Sales numbers.
The pair is finding support at 1.31970 with resistance at 1.32210 which both lines are below the weekly pivot point at 1.32380. The EMA of 10 is moving with bearish bias in the descendant channel and it is located below the EMA of 200 and the EMA of 100. The RSI is rising towards 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is showing upward momentum. The ADX is showing buy signal. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a horizontal trend and the Kijun-sen is showing a downward trend.
The resistance level breakout will push the price up towards 1.3240.