1,1166. USD CHF broke 1,1060 resistance. USD CHF is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should find a resistance below 1,1200 (34 pips). The consolidation should continue. If the resistance is broken then the target will be 1,1290 (124 pips). We won't take a position. The risk/reward ratio is too high to take a position..
1,1190 - 1,1290
1,1060 - 1,0860