1,0470. USD CHF broke 1,0550 support. The volatility is high. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum.
Resistances
1,0500 - 1,0530
Supports
1,0450 - 1,0350

tags: Forex, usdchf
author: Arnaud Jeulin
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