USD/CHF (a 4 hour chart)
The current buy signal is confirmed and weak, as Chinkou span is below the price and the pair has almost broken the Cloud through.
The pair corrected to 0.9344 and is consolidating in a range 0.9500 - 0.9410. 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 below the price that confirms the current sell signal and indicates a bearish sentiment of the pair. Kijun-Sen and Tenkan-Sen are directed downwards.
Bollinger Bands indicator formed a fixed downward channel.
MACD is growing in a negative area.
It is likely to expect a return to the 0.9405 reaction low, reached last week, as the resistance of 0.9535 is unreachable. Monday's low at 0.9438 is ready to undergo new pressures, and the level 0.9438 was the last line of the resistance, protecting the minimum 0.9405. Spare 0.9580 resistances limit the scope for corrective growth, and investors, who support the idea of a dollar growth, regain control only with a clear break above 0.9580.