USD/CHF (a 4- hour chart)
The dollar is weakening versus the Swiss franc after the weaker-than-expected economic data publication and stock markets falling which has led to the demand for safe assets.
From a technical point the USD/CHF fell back from recent highs at 0.9080. The support is at 0.8980 and 0.8930. Shall the pair grow above 0.9100 it will continue the growth to 0.9140/50 and 0.9180.
The northern movement remains until Kijun-Sen is located below the price. Tenkan-sen is crossing Kijun-sen upwards now. The cloud is neutral. The price is above the Cloud.
Bollinger bands still show an upward movement; its bands are broadening.
MACD histogram is located in a positive zone. The histogram is growing.
The resistance at 0.9089 limits the growth leaving the level 0.90 for testing. Should the pair break 0.9052 that will open the way to the 0.9082-89 resistance area from where the growth to 23-rd January high at 0.9134 is possible.