Foreign Securities Purchases will be released in Canada and there will be FOMC Members’ talks in the US.
The pair is finding support at 1.30200 with resistance at 1.30640 which the weekly pivot point at 1.30390 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is located below the EMA of 200 and the EMA of 100. The RSI is moving on 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 in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 1.30800.
