There are no economic reports in Switzerland. Chicago Fed National Activity Index is the only influential factor for USDCHF.
The support rests at 0.99230 with resistance at 0.99580 which the weekly pivot point at 0.99270 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 100 and the EMA of 200. The RSI is rising towards the overbought area, 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 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 breakout may push the price up towards 0.997.
