1,0234. 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 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,0215. If the support is broken then the target will be 1,0000.
=> We could take a short position at 1,0235. We will put the stop loss above 1,0270 (-35 pips). The targets are 1,0200 (+35 pips) 1,0150 (+85 pips) 1,0100 (+135 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
1,0250 - 1,0270
1,0220 - 1,0200