Canada is releasing Inflation Rate YoY and the US will publish Markit Manufacturing PMI Flash and Markit Services PMI Flash.
The pair is finding support at 1.32690 with resistance at 1.33460 which both lines are above the weekly pivot point at 1.31180. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the MACD indicator is in positive territory and the Stochastic is showing downward momentum. The ADX is showing buy signal. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 1.34.

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