1,0878. 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. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0900 (22 pips). The downtrend should continue to gather momentum.
- 1,0900 - 1,0930
- 1,0830 - 1,0810