1,0537. 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 is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,0600. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,0580 - 1,0600
1,0530 - 1,0500