Trade Balance was released in Switzerland and the US will publish Building Permits, Housing Starts and Unemployment Claims.
The support rests at 0.88680 with resistance at 0.89130 which the weekly pivot point at 0.88950 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is located below the EMA of 200 and above the EMA of 100. The RSI is moving on level 50, the MACD line is on the signal line in the neutral territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
USDCHF will be fluctuating within the support and resistance lines.

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