USD/CHF ANALYSIS

The USD/CHF formed yesterday a negative day reversal but only a daily closing below 0,8920 will confirm a s/t top suggesting a retest of the 200 days line at 0,8713.
The indicators are again below the line while those of the s/t ones are mixed  suggesting further consolidation. Only an hourly closing below 0,8920 will postpone the move up favouring lower level with the 200 hours line at 0,8847. The possible decline is however corrective and a buying opportunity but only below 0,8900, at least for now!!
We remain on the sideline waiting for stronger signals!

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http://www.easyforexnews.net/wp-content/uploads/2011/11/USD-CHF-11..09.pdf

 

FUTURE TREND RESEARCH