USD/CHF (a 4- hour chart)
The Swiss franc is consolidating.
The Swiss franc slightly retreated versus the dollar, although it was generally traded in the price framework established in the last days.
The USD/CHF is consolidating after a sharp decrease. The price remains below recent maximums at 0.9080. The return above 0.9100 will make 0.9140/50 and 0.9180 the aim of the growth. The support is at 0.8990.
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 pair is still at 0.9040 - an upper bound of the cloud. If the pair enters the cloud the price will move to a south, the target is 0.8990. Shall the pair bounce up the price will go to 0.9090.