(0,9520) The USD/CHF confirmed a strong closing above 0,9500 and above the resistance of the positive outside day at 0,9510 suggesting further strength toward the key level at 0,9570; a daily closing above this level will suggest a move toward parity!! The indicators of the daily chart are still above the line while those of the s/t ones are still showing a mixed picture suggesting further consolidation. In the s/t we favour some consolidation with the 200 hours line, now at 0,9466 the possible attraction. We stay on the sideline waiting for a decent correction to buy.
Click here to read the full report: USDCHF 03.28
Future Trend Research