Gross Domestic Product, Industrial Product Price Index and Raw Materials Price Index will be released Canada.
The pair is finding support at 1.25830 with resistance at 1.26460 which the weekly pivot point at 1.25580 is located below the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is falling towards level 50, the MACD line is on the signal line in the neutral territory and the Stochastic is showing downward momentum. 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.
The support level breakthrough will drag the price down towards 1.25000.
