The USD/CHF is not trending now. The analysis indicates that this pair is consolidating and is going sideways on the H4 time frame in a narrow price range. To catch the next movement and breakout in either direction traders should set a straddle alert on this pair at 0.9200 and 0.9300 to catch movement in either direction. A straddle alert is two audible price alerts set above and below the consolidation zone.
After the price alert hist hits you can verify the trade entry in either direction with The Forex HeatmapĀ® forex heatmap There is plenty of room to move in either direction as there is no nearby support or resistance past the straddle alarm prices. The forex trend indicators you see are 5/12 exponential moving averages that we provide to forex traders at no cost. Price alerts are also free and valuable for detecting price movement on any of the 28 pairs we follow.