(0,9275) The USD/CHF formed a positive outside day suggesting further upside potential. the dollar is this morning above the resistance line and this should favour an extension of the move up toward the 200 days line, now found at 0,9434. The indicators of the daily chart are still well positive and also those of the s/t ones are above the line supporting further strength. S/t pressure should find support at 0,9275before the 0,9250 area. We stay on the sideline.
Click here to read the full report: USDCHF 02.21
Future Trend Research