There will be the FOMC members’ talk in the US and Retail Sales data will be published in Canada.
The pair is finding support at 1.32200 with resistance at 1.32800 which the weekly pivot point at 1.32720 is located in between the lines. The EMA of 10 is moving horizontally in the horizontal channel and it is located above the EMA of 100 and the EMA of 200. The RSI is moving on 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 1.33000.
