FXstreet.com (Barcelona) - The Dollar has appreciated sharply during Asian and European sessions, and rebound on Friday's low at 1.0670 has extended to 1.0835 high before a slight pullback to levels above 1.0795.
According to the Mataf.net technical analysis team, the pair is consolidating after its last bullish move: USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue.
Resistance levels, according to Mataf.net technical analysis team are 1,0835 and 1,0880. On the downside, support levels lie at 1,0790 and 1,0750.