Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI is releasing today in Eurozone and the US will publish Final Manufacturing PMI.
The support rests at 1.20010 with resistance at 1.20770 which both lines are above the weekly pivot point at 1.19570. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The pair will continue its bullish trend towards 1.21.

usdchf analysis