(0,9429) The USD/CHF confirmed a negative closing suggesting further consolidation/ correction with still the 200 days line at 0,9386 the possible attraction. The indicators of the daily chart have now returned to the line while remaining however still above of it. Those of the s/t ones are instead negative supporting the correction. An hourly closing below 0,9420 will favour an extension toward the 200 days line where we expect decent support. We suggest therefore remaining short for a 0,9410 undershooting, now a s/t support line. We move however the stop already to 0,9505!!
Click here to read the full report: USDCHF 04.26
Future Trend