Consumer Price Index and CPI data were published in Switzerland and the US will release Trade Balance, Unemployment Claims and Factory Orders.
The support rests at 0.96510 with resistance at 0.97090 which both lines are above the weekly pivot point at 0.96380. 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 above 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 0.97450.