1,0107. USD CHF is in an downtrend directed by 4H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. The target is expected at 0,9950 (150 pips). The price should find a support above 1,0000 (100 pips).
- 1,0175 - 1,0275
- 1,0100 - 1,0000