Trade Balance came more than forecasted in Switzerland, the US will publish Building Permits, Housing Starts and Unemployment Claims.
The support rests at 0.90690 with resistance at 0.91620 which the weekly pivot point at 0.91130 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 200 and the EMA of 100. The RSI is falling towards level 50, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy 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 0.91650.