1,0275. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0300 (25 pips). The downtrend should continue to gather momentum.
Resistances
1,0300 - 1,0315
Supports
1,0255 - 1,0190

tags: Forex, usdchf
author: Arnaud Jeulin
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