USD/CHF Technical Analysis

(0,9392) The USD/CHF confirmed a positive closing but it failed to confirm a strong one, above the resistance of the positive outside day at 0,9350. Nevertheless the dollar is trying to move higher already testing the 200 days line at 0,9389!! A daily closing above this line will support further strength!! The indicators of the daily chart are however still negative but a strong closing tonight could already turn them up!! The indicators of the s/t charts are positive supporting further strength. We expect the dollar to move higher toward 0,9450 where we sell for a correction!!

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