(0,9180) The USD/CHF formed a negative outside day reversal after a quick 0,9215 overshooting where it found good resistance. We have now 0,9230 – 0,9140 the levels to follow in the coming hours. A break of the support should cause a test of the 0,9110 area where we expect good support! The indicators of the daily chart are still well positive while those of the s/t ones are mixed suggesting further consolidation/ correction. While below 0,9185 on an hourly closing we may see a deeper correction with the 200 hours line at 0,9134 the attraction!! We stay on the sideline for now.
Click here to read the full report: USDCHF 02.13
Future Trend Research
