(0,9470) The USD/CHF confirmed a further session of consolidation above the 200 days line, today still at 0,9419, but below the resistance at 0,9495. Only a break above this last level will resume the move up suggesting the retest of the 0,9570 area. The indicators of the daily chart are still well positive and this morning also those of the s/t ones are above the line suggesting some upside potential. In the hourly chart we have however still potential negative reversals limiting the upside but it is also true that in the last 48 hours also the downside was limited!! We remain on the sideline waiting for stronger signals.
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