1,0392. 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 4H, daily (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The consolidation should continue. The price should continue to move in 1,0340 / 1,0430 range.
Resistances
1,0410 - 1,0430
Supports
1,0375 - 1,0340

tags: Forex, usdchf
author: Arnaud Jeulin
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