Switzerland has published Consumer Confidence report which came lower than forecasted. The US will release ADP Employment Change and Fed Interest Rate Decision.
The support rests at 0.99370 with resistance at 0.99820 which both lines are above the weekly pivot point at 0.98450. 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 in overbought area, the MACD line is on the signal line in the neutral territory and the Stochastic is moving in high ranges. The ADX is showing weak buy signal. 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 bullish trend towards 1.0.