(0,9450) The USD/CHF failed to confirm the previous day’s positive day reversal forming instead a negative outside day remaining overall interior outside day with 0,9540 – 0,9445 still the levels to follow in the coming hours. We prefer however following the new outside day with 0,9535 – 0,9440 now the levels. A break of the support will favour a retest of the 200 days line, support at 0,9415. The indicators of the daily chart turned and closed again below the line and this morning also those of the s/t ones are in negative territory suggesting further weakness. This could favour a test of the 200 days line where we expect decent support. Only a move below the key level at 0,9350 will postpone further strength causing a deeper correction by completing a double top formation above 0,9550!! We stay on the sideline while following the new outside day; we still buy a break above 0,9540!!
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