(0,9324) The USD/CHF confirmed a session of consolidation forming a new inside day with 0,9395 – 0,9310 the levels to follow. A daily closing below 0,9310 will cause a retest of the lows with even a possible undershooting toward our s/t target at 0,9159! The indicators of the daily chart are still in positive territory but those of the s/t ones are mixed to negative this morning suggesting further consolidation/ correction. The hourly closing below 0,9325 is suggesting a possible drop toward the 200 hours line at 0,9293, move that we see as corrective and a buying opportunity! We stay on the sideline waiting for confirmations.
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Future Trend Research