1,0847. 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 rises. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should continue to move in 1,0730 / 1,0960 range.
Resistances
1,0885 - 1,0955
Supports
1,0825 - 1,0735

tags: Forex, usdchf
author: Arnaud Jeulin
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