USD/CHF (a 4 hour chart)
The current buy signal is confirmed and strong, as Chinkou span entrenched above the price.
The goal for the upward movement is 0.9500. If the price passes the first target it will go to the resistance level 0.9600.
The upward movement will be as long as the price is above the Kijun-Sen, if the price is fixed below the Kijun-sen, the buy signal will be weakened and the further upward movement is likely to be canceled.
Chinkou Span is above the price that confirms the current buy signal and indicates a bullish sentiment of the pair.
Bollinger Bands indicator formed a fixed upward channel.
MACD is growing in a positive area.
The consolidation of the pair will be limited by the level 0.9410. The pair remains at the same level so that high at 0.9500 remains within reach.
Should the pair break 0.9500 support level, the 0.9344-65 area will become a strong support for it. But investors who bet on the dollar growth will do everything possible to prevent a breakthrough in the area of 0.9344-65. The road to the maximum at 0.9500 again will break above 0.9475 level, while creating a risk of subsequent strengthening in the area of 0.9600.