USD/CHF (a 4- hour chart)
Frank decreased on the back of the U.S. manufacturing sector growth. ISM Index rose in November to 57.3 against 56.4 in the previous period and as the forecast was a decrease by 55.1. The range forecasts were from 53.5 to 57.5.
Tenkan-sen is crossed with Kijun-sen having formed a "Dead Cross". Chinkou Span crosses the price chart from the bottom up. Tenkan-sen and Kijun-sen are following the price downwards. T The Cloud is descending.
The pair will return to the upward movement if it gets back above the cloud. If the price returns above the Kijun-sen, the sell signal will be weakened and the further falling will be put under the question.
Bollinger Bands are directed downwards right now. Its bands are broadening. The MACD is at the negative zone approaching to the zero level.
The pair is getting close to 0.8950. If it breaks this level the price will go towards to the October low 0.8890. A correction towards 0.8990 is possible.