SNB Basic Interest Rate and SNB Monetary Policy Assessment were released in Switzerland and the FOMC Members will talk today in the US.
The support rests at 0.93340 with resistance at 0.93790 which the weekly pivot point at 0.92750 is located below the lines. 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 above the signal line in the positive territory and the Stochastic is moving in middle ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The bullish trend will continue targeting 0.93850.
