(0,9503) The USD/CHF formed a positive day reversal while confirming further consolidation interior the negative outside day with 0,9540 – 0,9445 still the levels to follow in the coming hours. The indicators of the daily chart already returned above the line last night and also those of the s/t ones are positive this morning supporting further possible strength. Yesterday’s drop to 0,9450 failed to form divergences, if not in the fastest RSI, showing instead a positive reversal suggesting a s/t target at 0,9600!! Only an hourly closing above 0,9530 will however resume the move up!
We stay on the sideline while following the outside day; we buy a break above 0,9540!!
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Future Trend Research