(0,9418) The USD/CHF confirmed a session of consolidation remaining interior Friday range forming a new inside day with 0,9475 – 0,9340 the levels to follow in the coming hours. A daily closing above 0,9475 will support a direct extension of the move up suggesting a 0,9515 overshooting!! The indicators of the daily chart are still well positive but also still showing potential negative reversals and overbought conditions. The indicators of the s/t charts are still mixed but in the hourly chart already showing potential positive reversals. We prefer waiting for a deeper correction, possibly toward the 200 hours line, still found only at 0,9338, before buying again this dollar!
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Future Trend Research