1,1890. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,2000 (110 pips). The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
- Resistances
- 1,1915 - 1,2000
- Supports
- 1,1825 - 1,1700