FXstreet.com (Barcelona) - The Dollar is holding in the range between 1.1800 and 1.1900 after its latest bullish movement from around 1.1500 in Mar 12.
On the upside, next resistance levels lie at 1.1900 and 1.1970, while next support levels stand at 1.1800 and 1.1760.
According to the Matraf.net technical team, the pair should continue moving sideways: USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,1800 (67 pips). The consolidation should continue. The price should continue to move in Bollinger bands.