1,0630. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,0560 / 1,0660 range.
Resistances
1,0660 - 1,0735
Supports
1,0560 - 1,0530

tags: Forex, usdchf
author: Arnaud Jeulin
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