USD/CHF (a 4- hour chart)
The pair continued falling and impulsively hit 0.9126. A break and daily close below this level would open the downward scenario. The nearest resistance is around 0.9120. A clear break of this level could lead price to a neutral zone, testing the 0.9090 To stop the current downlink scenario with double top the price has to break above this level.
Tenkan-sen is crossed with Kijun-sen having formed a "Dead Cross". Chinkou Span crosses the price chart from the bottom up, the cloud remains growing. Tenkan-sen and Kijun-sen are following the price downwards.
The pair will return to the upward movement if it gets back above the cloud. If the price returns above the Kijun-sen, the sell signal will be weakened and the further falling will be put under the question.
Bollinger Bands are directed downwards right now.
The MACD is at the negative zone.
Buying relegated to the second place. Pair is falling. The break below the cloud and consolidation below it will be a good signal to a decrease. The first goal is 0.9090 and the second is 0.9060.