The pair is continues with the short movement started on October 2nd, offering us a fantastic downwards move of 400 pips so far. A few moments ago, the pair was trading at 1.0038.In the next few hours, the perspectives point to a decline down to 1.0035, key support. If broken, the pair has the door open to 1.000. However, we're paying attention to the pair, as the SNB already said it will intervene if the Swiss Franc appreciates further. The support at 1.000 could be a possible entry point for the SNB.
On the upside, the resistances are at 1.009 and 1.0122 francs per dollar. The bands of Bollinger show a 70 pips volatility in the hour, while the RSI is in a neutral zone.
The MACD shows selling signals.