(0,9317) The USD/CHF formed a positive outside day with 0,9350 – 0,9220 the levels to follow in the coming hours. Only a daily closing above 0,9350 will support a direct extension of the move up toward the 200 days line, now found at 0,9432. The indicators of the daily chart are still well positive while those of the s/t ones are mixed suggesting further consolidation. While above 0,9290 on an hourly closing we expect further strength suggesting a s/t target at 0,9373!! We stay on the sideline.
Click here to read the full report: USDCHF 02.26
Future Trend Research