There are no major economic reports in Switzerland but the US will publish Durable Goods Orders.
The support rests at 0.91670 with resistance at 0.92470 which both lines are below the weekly pivot point at 0.92750. The EMA of 10 is moving with bearish bias in the descendant channel and it is located below the EMA of 200 and the EMA of 100. The RSI is moving in low ranges, 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 signal. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Short positions are recommended towards 0.91300.
