(0,9202) The USD/CHF is still confirming further consolidation interior the inside day with 0,9260 – 0,9155 still the levels to follow in the coming hours. A daily closing above 0,9260 will support further strength toward the resistance line at 0,9290 but the attraction could be also the 200 days line, now found at 0,9435!! The indicators of the daily chart are still well positive while those of the s/t ones remain showing a mixed picture suggesting further consolidation/ correction. The dollar confirmed the expected test of the 200 hours line and while below, now resistance at 0,9204, we favour further weakness toward 0,9165 where we find a s/t support line!! We stay on the sideline waiting for a possible extension of the correction to buy.
Click here to read the full report: USDCHF 02.20
Future Trend Research