1,0778. USD CHF is in a range between 1,0760 and 1,0900. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,0760 (18 pips). If the support breaks then the target will be 1,0620 (158 pips).
Resistances
1,0840 - 1,0900
Supports
1,0760 - 1,0620

tags: Forex, usdchf
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.