1,0381. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The trend should reverse. The price should find a support above 1,0380. If the support is broken then the target will be 1,0200.
=> We could take a short position at 1,0385. We will put the stop loss above 1,0450 (-65 pips). The targets are 1,0290 (+95 pips) 1,0200 (+185 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.
1,0450 - 1,0520
1,0380 - 1,0350