Canada and the US will release Balance of Trade.
The pair is finding support at 1.33540 with resistance at 1.34230 which the weekly pivot point at 1.33710 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI moving 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 not showing any clear signals. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing an upward trend.
The indicators are showing mixed signals; the support level breakthrough will push the price down towards 1.33400; otherwise long positions are recommended towards 1.34400.