(0,9210) The USD/CHF confirmed yesterday further consolidation interior the inside day with 0,9215 – 0,9055 still the levels to follow in the coming hours. A break of the resistance will support further direct strength!! The indicators of the daily chart are still well positive for now and also those of the s/t ones are above the line supporting further upside potential. Further bearish divergences support the positive tone. Still only an hourly closing below 0,9165 will postpone further strength suggesting an extension of the correction toward the 200 hours line, now found at 0,9123! We stay on the sideline for now.
Click here to read the full report: USDCHF 02.12
Future Trend Research