USD/CHF (a 4-hour chart)
The US dollar compensated most of the losses incurred against the franc.
The Fed will publish a statement about the month meeting results this year. According to many analysts, the central bank will refuse to use the phrase "considerable time", referring to the period of continuing low interest rates.
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.
There is a confirmed and a weak sell signal. The price is under the Cloud and it is under the Chinkou Span. The Tenkan-sen shows an upward movement and the Kijun-sen show a horizontal movement. The downward movement will be until the price is under the Cloud.
The MACD indicator is in a negative territory. The price is correcting.
We advise to short with the first target - 0.9560. When the pair consolidates under the first target, we can open deals to the level of 0.9500.