USD/CHF (a 4-hour chart)
The franc stopped to suffer losses and started a consolidation while the dollar index has reached the maximum level for the last 10 years amid expectations that the Fed was the only major central bank which was ready to raise interest rates.
Additional support for the US dollar caused the US labor market release. The jobless claims have reached the 15 years low.
The price is finding the first support at 0.9150, the next one is at 0.8940. The price is finding the first resistance at 0.9340, the next one is at 0.9540.
The price is in the Cloud and it is above the Chinkou Span. The Tenkan-sen and the Kijun-sen show an upward movement.
The MACD indicator is in a positive territory. The price is consolidating.
We advise to long with the first target - 0.9340. When the pair consolidates above the first target, we can open deals to the level of 0.9540.