Switzerland released KOF Economic Barometer and the US will publish Goods Trade Balance and PCE Core.
The support rests at 0.90440 with resistance at 0.91080 which the weekly pivot point at 0.90960 is located in between the lines. 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 below level 50, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is showing sell signal. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Short positions are recommended towards 0.90000 but bulls will return to the market afterwards.