The pair just broke the support at 1.0210, given the demand for the Swiss franc as a safe haven. A few moments ago, the pair hit the week lows, at 1.0193.The pair broke the lower Bollinger band, which could see a new upwards correction, while the 14-period RSI is in a clear neutral zone. According to the MACD, the pair has a clear selling signal.

If the trend remains bearish, the next target will be 1.0185, December 2008 low. On the bull side, the resistance to consider is 1.0233 francs per dollar.

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