(0,9340) The USD/CHF confirmed yesterday a session of consolidation after the weak closing on Friday, well below the 200 days channel. It formed a new inside day with 0,9445 – 0,9300 the levels to follow in the coming hours. The indicators of the daily chart are still well negative but those of the weekly one remain above the line for now. The indicators of the s/t charts are mixed; bullish divergences in the hourly chart confirm however a negative tone. A break below 0,9310 confirmed by an hourly closing will support a move toward a new s/t target at 0,9258!! Only an hourly closing above 0,9365 will postpone further weakness favouring a move up toward the 200 hours line at 0,9453!! We stay on the sideline!
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