USD/CHF - Dollar Swiss Franc, American Session - 22/01/09

By @ibtimes on

1,1566. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The uptrend should continue to gather momentum.

Resistances
1,1620 - 1,1640
Supports
1,1540 - 1,1500

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