Canada will publish Corporate Profits data and BOC Deputy Governor Lawrence Schembri Speaks today. The US will publish Consumer Confidence, New Home Sales and House Price Index.
The pair is finding support at 1.32080 with resistance at 1.32600 which both lines are above the weekly pivot point at 1.31950. The EMA of 10 is moving with bullish bias in the descendant channel and it is located below the EMA of 100 and the EMA of 200. The RSI is falling towards level 50, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high 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 1.32580 and the resistance line remains intact.