1,0993. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. 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 1,0850. The price should find a support above 1,0900.
=> We could take a short position at 1,1000. We will put the stop loss above 1,1030 (-30 pips). The targets are 1,0900 (+100 pips) 1,0850 (+150 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
1,1015 - 1,1050
1,0980 - 1,0900