USD/CHF (a 4-hour chart)
There has been published the Switzerland February consumer activity indicator by UBS - it showed 1.19 against 1.11 in January. The Swiss franc changed a little bit against the dollar after the release output. We should note that the franc closed the trades with its decrease relative to the US dollar.
The price is finding the first support at 0.9540, the next one is at 0.9370. The price is finding the first resistance at 0.9750, the next one is at 0.9950.
There is a confirmed and a strong sell signal. The price is under the Cloud and it is under the Chinkou Span. The Tenkan-sen 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 long with the first target - 0.9750. When the pair consolidates above the first target, we can open deals to the level of 0.9950.