Switzerland has published KOF Leading Indicators and the US will publish ADP Employment Change and GDP Growth Rate QoQ 2nd Est.
The support rests at 0.99030 with resistance at 0.99470 which the weekly pivot point at 0.99260 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 200 and below 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 showing upward momentum. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 1.0.

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