1,0848. USD CHF is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,0950 (102 pips). The uptrend seems to be finished. The consolidation should continue.
1,0925 - 1,0950
1,0835 - 1,0770

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