Exchange rate still lies below the moving averages with periods of 34, 55, 89 and 144, which are directed downward and points to the continued bearish sentiment, as well as the next resistance levels are 0.9080, 0.9170, 0.9210 and 0.9280.MACD histogram is located in the negative zone and above its signal line, but once again began to decline gradually, and thus points to the gradual resumption of bearish sentiment.
Stochastic Oscillator is in the neutral zone and generates a signal to sell USD / CHF, since the% K line falls below the% D.
Because, trust only one clear signal is very risky, then as a confirmation 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 0.8960, which would pave the way to the historic min 0.89181.
Otherwise, we will continue to monitor the consolidation within the above mentioned price range.
Resistance levels: 0.9040/50, 0.9080/90, 0.9125
Current Price: 0.9022
Support levels: 0.9000, 0.8960, 0.8940, 0.89181
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