USD/CHF (a 4 hour chart)
The franc partially compensated the loss after the report showed the smaller United States August new jobs increase than analysts expected. This news weakened the expectations that the Federal Reserve will start to interest rates raise sooner than expected.
The price is finding the first support at 0.9330, the next one is at 0.9270. The price is finding the first resistance at 0.9370, the next one is at 0.9430.
There is a confirmed and a strong buy signal. The price is above the Cloud and it is above the Chinkou Span. The Tenkan-sen and the Kijun-sen show an upward movement. The upward movement will be until the price is above the Cloud.
The MACD indicator is in a positive territory. The price is growing.
We advise to long with the first target - 0.9370. When the pair consolidates above the first target, we can open deals to the level of 0.9430.