Unemployment Rate is releasing in Switzerland and the US will publish Wholesale Inventories and JOLTs Job Openings.
The support rests at 0.95520 with resistance at 0.95880 which both lines are below the weekly pivot point at 0.96050. The EMA of 10 is moving with bearish bias in the descendant channel and it is located below the EMA of 200 and the EMA of 100. The RSI is moving below 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 not showing any clear signals. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Short positions are recommended towards 0.95300.
