USD/CHF (a 4 hour chart)
The US dollar is strengthening in almost all the currency market instruments. We still expect the trends change and of course the most comfortable trend change will lead to another dollar high formation.
The price is finding the first support at 0.9620, the next one is at 0.9560. The price is finding the first resistance at 0.9680, the next one is at 0.9750.
The price is above the Cloud and it is above the Chinkou Span. The Tenkan-sen shows a horizontal movement and the Kijun-sen shows a downward movement.
The MACD indicator is in a negative territory. The price is correcting.
We recommend going short with the first target - 0.9560. When the price consolidates below the first target it may go to the level 0.9500.