1,0283. 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 is low. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,0230. The consolidation should continue. If the support is broken then the target will be 1,0000 (275 pips). We won't take a position.
1,0300 - 1,0350
1,0230 - 1,0200