Switzerland has published SNB Interest Rate Decision and the US will release Export and Import Prices MoM.
The support rests at 0.94340 with resistance at 0.94810 which the weekly pivot point at 0.94610 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is rising towards the 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is showing upward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a horizontal trend while the Kijun-sen is showing a downward trend.
The resistance level breakout will push the pair up towards 0.955; otherwise it will drop to 0.938.

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