KOF Economic Barometer has been published in Switzerland and the US is not releasing any economic data.
The support rests at 0.99750 with resistance at 1.00030 which both lines are above the weekly pivot point at 0.99400. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momentum. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 1.00100.

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