KOF Economic Barometer and Retail Sales were published in Switzerland. USDCHF has been trying to recover from the previous decline since last week.
The support rests at 0.91400 with resistance at 0.91670 which both lines are above the weekly pivot point at 0.90800. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is showing downward momentum. The ADX is showing buy signal. The price is above the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 0.91950.