Economic Sentiment Index has been released in Switzerland and the US will publish EIA Crude Oil Stocks Change and EIA Gasoline Stocks Change.
The support rests at 1.01550 with resistance at 1.02270 which both lines are above the weekly pivot point at 1.01050. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
The resistance level seems to be too strong to be broken therefore USDCHF may be fluctuating within the support and resistance lines.