1,0357. 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 decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0370 (13 pips). The downtrend should continue to gather momentum.
- 1,0360 - 1,0425
- 1,0325 - 1,0290