1,0425. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum.
Resistances
1,0450 - 1,0500
Supports
1,0420 - 1,0390

tags: Forex, usdchf
author: Arnaud Jeulin
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