1,1214. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. USD CHF is in a range between 1,1170 and 1,1340. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,1250 (36 pips). The downtrend should continue to gather momentum.
- 1,1250 - 1,1340
- 1,1170 - 1,1080