USD/CHF Technical Analysis

(0,9487) The USD/CHF is confirming further consolidation interior the positive outside day with 0,9510 – 0,9340 still the levels to follow in the coming hours; a daily closing above 0,9510 could already resume the move up!! The indicators of the daily chart are still above the line but those of the s/t ones are showing a mixed picture suggesting further consolidation. In the s/t it is still possible a drop toward the 200 hours line at 0,9452; while above this line the s/t scenery will remain positive!! We stay on the sideline following the outside day.

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