1,1011. USD CHF broke 1,0950 resistance. USD CHF is in an downtrend directed by 4H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The price should find a resistance below 1,1030. The consolidation should continue. If the resistance is broken then the target will be 1,1150. We won't take a position. The risk/reward ratio is too high to take a position..
1,1020 - 1,1060
1,0950 - 1,0840