0,9994. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0050. The consolidation should continue.
=> We could take a short position at 1,0030. We will put the stop loss above 1,0060 (-30 pips). The targets are 0,9900 (+130 pips) 0,9800 (+230 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
1,0000 - 1,0050
0,9900 - 0,9800