Inflation Rate will be released in Switzerland and the US will publish API Crude Oil Stock Change.
The support rests at 0.99420 with resistance at 0.99800 which the weekly pivot point at 0.99710 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is located below the EMA of 100 and above the EMA of 200. The RSI is moving below the 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signal. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
Short positions are recommended towards 0.992.

usdchf