The UBS Consumption Indicator and Economic Sentiment Index from Switzerland and Pending Home Sales YoY and CB Consumer Confidence.
The support rests at 0.99090 with resistance at 0.98800 which both lines are above the weekly pivot point at 0.98760. The EMA of 10 is moving horizontally in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving on the 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is moving in low ranges. The ADX is showing buy signals. The price is above the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 0.993.

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