At this point after the release of yesterday's data the pair is showing a downward trend. However, we are now seeing a correctional candle and figure swallowing.
Today a press conference of the National Bank of Switzerland will be held. There is also data on retail sales in the United States, which can also support a reserve currency.
Technical indicators are trying to point out toward buy positions, so trading will include a recommendation on long positions around the Fib levels and immediate goals set at 0.9910 and 0.9940.
