1,0896. USD CHF is in a consolidation after the last bearish movement. USD CHF is in a range between 1,0860 and 1,0990. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,0860. If the support is broken then the target will be 1,0750 (150 pips).
1,0910 - 1,0950
1,0875 - 1,0860