The Swiss franc became stronger in opposition to the dollar. The Fed's Beige Book signified that the economic activity proceeded to broaden in most area like growth rates remarkably differ from poor to sturdy and the labor market conditions continue to get better wherein the dollar leveled its attainment.
The first support occurs at 0.9850 and at 0.9750 subsequently. The first resistance resides at 0.9960 and at 1.0100 subsequently.
A confirmed and sturdy sell signal has been found. The price is below the Ichimoku Cloud and it is below the Chikou Span. The Tenkan-sen and the Kijun-sen creates a horizontal movement forming a "Dead Cross". The descending movement will remain until the price is below the Cloud.
The MACD indicator is in a neutral location. The price is falling.