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USD/CHF - Dollar Swiss Franc Feb. 3, 2009

posted by Avatar forexanalysis 1206 days ago in USD, CHF, Technical made popular 1206 days ago

1,1623. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,1700 (77 pips).
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