USD/CHF (a 4 hour chart)
The franc partially compensated for the losses. The dollar has reduced its first weekly growth for the last three weeks against the basket of currencies on fears that the Ebola virus can affect the economy in the run-up to the Federal Reserve meeting next week.
The price is finding the first support at 0.9430, the next one is at 0.9370. The price is finding the first resistance at 0.9500, the next one is at 0.9560.
There is a confirmed and a weak buy signal. The price is above the Cloud and it is above the Chinkou Span. The Tenkan-sen shows a downward movement and the Kijun-sen shows an upward movement. The upward movement will be until the price is above the Cloud.
The MACD indicator is in a neutral territory. The price is decreasing.
We advise to long with the first target - 0.9560. When the pair consolidates above the first target, we can open deals to the level of 0.9620.