1,0630. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0635 (5 pips). The price should continue to move in Bollinger bands. If the resistance breaks then the target will be 1,0680 (50 pips).
- 1,0630 - 1,0715
- 1,0585 - 1,0540