The US equity markets put Swiss Franc under pressure.
The support rests at 1.00220 with resistance at 1.00660 which both lines are above the weekly pivot point at 0.99620. 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 below the signal line in the negative territory and the Stochastic is moving in high ranges. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 1.01.

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