Canada will release Consumer Price Index and Common Core CPI and there will be FOMC Press Conference in the US.
The pair is finding support at 1.32430 with resistance at 1.32850 which both lines are above the weekly pivot point at 1.32360. 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 moving above 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards the resistance line at 1.32800.