There is World Economic Forum Annual Meeting in Switzerland and the US will publish API Crude Oil Stock Change.
The support rests at 0.99650 with resistance at 0.99850 which both lines are above the weekly pivot point at 0.99050. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in middle ranges. The ADX is showing weak buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a horizontal trend while the Kijun-sen is showing an upward trend.
Long positions are recommended towards 1.000.
