Switzerland will release SVME Manufacturing PMI and SNB Zurbr├╝gg Speech and the US will publish Fed Interest Rate Decision and ISM Manufacturing PMI.
The support rests at 0.99720 with resistance at 1.00020 which both lines are above the weekly pivot point at 0.99460. 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 moving towards the 50 level, the MACD indicator is in positive territory and the Stochastic is showing upward momentum. The ADX is showing weak buy signals. 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.
USDCHF will continue its growth towards 1.0100.

usdchf analysis

usdchf