The USD/CHF confirmed a strong closing last night reversing and aborting the negative day reversal it formed the day before. Possible a direct extension toward the key level at 0,9317!!
The indicators turned above the line in the daily chart supporting higher levels. We have positive indicators also in the s/t charts supporting higher levels. In the s/t we have however overbought conditions and this could lead to a correction or at least postpone further strength. S/t pressure should find support already at 0,9075 before the 0,9020 area.
We remain on the sideline!
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FUTURE TREND RESEARCH
