1,0310. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue on 1,0260 support (50 pips).
Resistances
1,0330 - 1,0370
Supports
1,0290 - 1,0260

tags: Forex, usdchf
author: Arnaud Jeulin
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