1,0897. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just bellow 1,0930 resistance. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The trend should reverse. The target is expected at 1,0770 (130 pips).
1,0920 - 1,0930
1,0860 - 1,0840