Balance of Trade and GDP Growth Rate have been published in Switzerland and the US will release Dallas Fed Manufacturing Index and S&P/Case-Shiller Home Price.
The support rests at 1.00220 with resistance at 1.00640 which the weekly pivot point at 1.00490 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 200 and the EMA of 100. The RSI is rising towards 50 level, the MACD line is above the signal line in the positive territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals. 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.
Long positions are recommended towards 1.0075.