SECO Economic Forecasts was released in Switzerland and the US will publish Unemployment Claims, Continuing Claims and JOLTs Job Openings.
The support rests at 0.92520 with resistance at 0.93190 which the weekly pivot point at 0.92340 is located below the lines. 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 falling towards level 50, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is showing sell signal. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 0.93800.
