1,0323. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.
Resistances
1,0350 - 1,0380
Supports
1,0315 - 1,0240

tags: Forex, usdchf
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.