USD/CHF ANALYSIS

The USD/CHF found good resistance favouring a small correction that for the moment managed to keep the dollar above 0,9175.
The indicators of the daily chart are still well positive but those of the s/t ones turned below the line following the correction. Only an hourly closing below the 200 hours line at 0,9197 will support a deeper retracement with the 200 4h line at 0,8992 the possible attraction.
We suggest waiting a little longer before buying this dollar: we do still see some more downside potential!
We remain still on the sideline!!

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http://www.easyforexnews.net/wp-content/uploads/2011/11/USD-CHF-11..29.11.pdf

 

FUTURE TREND RESEARCH