ADP Employment Change and Wholesale Sales MoM will be released in Canada and the US will publish Initial Jobless Claims and EIA Natural Gas Stocks Change.
The pair is finding support at 1.32950 with resistance at 1.33490 which both lines are below the weekly pivot point at 1.33540. The EMA of 10 is moving horizontally in the descendant channel and it is located above the EMA of 200 and below the EMA of 100. The RSI rising above 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momentum. The ADX is showing buy signal. 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.
The resistance line seems to be too strong to be broken therefore short positions are recommended towards 1.32800.