USD/CHF Technical Analysis

(0,9093) The USD/CHF confirmed a weak daily and weekly closing on Friday however still above the 0,9075 level, for now. Nevertheless the pressure will remain on this dollar. The indicators of the daily chart are still well negative and also those of the weekly one are below the line supporting further weakness. The indicators of the s/t charts are instead above the line or very close to turn positive supporting a possible rebound. An hourly closing above 0,9100 will support further strength suggesting a move toward the 200 hours line, now found at 0,9205. We suggest waiting for this possible rally to sell, but only close to the 200 hours line!!

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