1,1563. USD CHF is in a consolidation after the last bullish movement. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CHF. The consolidation should continue. The price should find a resistance below 1,1600 (37 pips). If the resistance breaks then the target will be 1,1730 (167 pips).
- 1,1600 - 1,1730
- 1,1500 - 1,1350