(0,9110) The USD/CHF confirmed Another very weak closing that cause again a drop below 0,9100 but missing yet to confirm a new low. Further weakness is possible and a daily closing below 0,9075 will suggest even a 0,9000 undershooting!! The indicators of the daily chart are now again well negative as well as those of the s/t ones where we have also oversold conditions. New bullish divergences are also showing up supporting a negative tone. We have to expect further weakness but in the s/t we may see a retest of the 0,9150/60 area!! We stay on the sideline waiting for stronger signals!!!!
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