FX.co ★ blaise.rogahn | USD/CHF

Hello traders, On the four-hour chart of the USD/CHF currency pair, the dollar franc is currently trading in the bearish zone of the Bollinger Bands indicator at the level of 0.79168. As seen on the Bollinger Bands chart, the trend is downwards. The RSI is below the midline, and the MACD histogram is also below the zero mark. Additionally, the price of the dollar franc is below the moving average. Short positions can be considered until the support level at 0.78709. Wishing everyone plenty of profits.