Unemployment Rate came as expected in Switzerland and there are no major economic reports in the US.
The support rests at 0.99050 with resistance at 0.99290 which both lines are above the weekly pivot point at 0.98920. The EMA of 10 is moving horizontally 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 below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and on the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The support level breakthrough will smooth the way for further decline towards 0.987; otherwise, the price will continue its bullish trend towards 0.997.