USD/CHF (a 4 hour chart)
USD/CHF continues to work out a sell signal on a daily chart. Sell signal is seen at 4 hour chart as well. The correction seems to be over. The pair is falling, the pair USD/CHF is being traded in the Cloud now. The first target is the support 0.9270. The pair just tested the level yesterday, if the downward movement continues USD/CHF goes to 0.9215. The current sell signal is weak, as Chinkou span entrenched above the price, and the price is in the Ichimoku cloud.
Kijun-Sen and Tenkan-Sen are crossed in a descending "dead cross" on a daily chart. Tenkan-sen is in the cloud, the Kijun-sen line is above Senkou Span B and is moving in a horizontal direction. The cloud is directed down. The downward movement will be continued as long as the price is below the Kijun-sen.
Bollinger Bands indicator follows the price up.
MACD started descending.
The bearish sentiments will be proved only if the pair consolidates below 0.9270. The break below this level could open the way to the levels 0.9250 and 0.9205/00.