1,1058. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. USD CHF is in a range between 1,0980 and 1,1120. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,0980 / 1,1120 range. If the support breaks then the target will be 1,0800 (258 pips).
- 1,1065 - 1,1120
- 1,1025 - 1,0980