1,0861. USD CHF is in an downtrend directed by 1H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0900 (39 pips). The downtrend should continue to gather momentum.
- 1,0890 - 1,0930
- 1,0810 - 1,0750