1,0680. USD CHF is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 1,0625 support (55 pips).
Resistances
1,0690 - 1,0735
Supports
1,0670 - 1,0625

tags: Forex, usdchf
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.