Switzerland has released SNB Interest Rate Decision and the US will publish Export and Import Prices.
The support rests at 0.99100 with resistance at 0.99430 which the weekly pivot point at 0.99320 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
The support level breakthrough may push the pair down towards 0.9890; otherwise, the pair will continue its bullish trend towards 0.995.
