USD/CHF Technical Analysis

(0,9113) The USD/CHF is confirming further consolidation interior the negative outside day with 0,9265 – 0,9100 still the levels to follow in the coming hours. A daily closing below 0,9100 will support a deeper correction toward 0,9077 our s/t target with even a possible undershooting toward the 200 days line. The indicators of the daily chart are still well negative and those of the s/t ones are also below the line following the decline. While waiting for stronger signals we still follow the outside day; we sell a break below 0,9100 where we expect decent stops with however a stop already at 0,9145!!
Follow possible updates

Click here to read the full report: USDCHF 2012-02-08

 

FUTURE TREND RESEARCH