(0,9310) The USD/CHF confirmed on Friday a session of consolidation forming a new inside day with 0,9350 – 0,9255 the levels to follow in the coming hours. A daily closing above 0,9350 will support further direct strength suggesting an extension of the move up toward the 200 days line, now found at 0,9433!! The indicators of the daily chart are still well positive but still not yet those of the weekly one. The indicators of the s/t charts are mixed this morning suggesting some consolidation/ correction. An hourly closing below 0,9280 will favour a move toward the 200 hours line at 0,9248 with even a possible undershooting. The possible decline is corrective and a buying opportunity!! We stay on the sideline.
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