(0,9435) The USD/CHF confirmed a weak closing below the 200 days line but also below the support of the inside day at 0,9405 suggesting further downside risk. This morning we had a limited rebound. The indicators of the daily chart closed below the line but those of the weekly one are well positive. The indicators of the s/t charts are mixed at the moment suggesting some consolidation. In the hourly chart we have however potential negative reversal suggesting the move up could just be corrective!! We prefer remaining on the sideline avoiding a position for the moment.
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