0,9882. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 0,9700. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
0,9925 - 1,0000
0,9790 - 0,9700