There are no major economic reports in Switzerland so eyes will be on the news from the US such as PCE Core, Personal Spending and Michigan Consumer Sentiment Index.
The support rests at 0.95470 with resistance at 0.96610 which both lines are below the weekly pivot point at 0.97170. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is rising towards 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signals. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a downward trend.
The support line seems to be too strong to be broken. While considering pullbacks, USDCHF will be growing towards 0.97500.

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