MACD histogram is located in the positive zone, but below its signal line, continues to gradually decline, and thereby sends a signal to sell USD / CHF.
Stochastic Oscillator is in the neutral zone and generates a similar signal as the% K line falls below the% D.
Despite two clear signals, as evidence that the forex market in this currency pair may be amplified in bearish mood, we need to wait for the breakdown of the support level of 0.9525, which will open the path to levels of 0.9500 and 0.9450.
Otherwise, bidding will continue to be held in the above mentioned price range.
Resistance levels: 0.9555, 0.9575, 0.9600, 0.9625, 0.9650, 0.9685
Current Price: 0.9536
Support levels: 0.9525, 0.9500, 0.9480, 0.9450, 0.9410/00, 0.9370, 0.9330
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