(0,9410) The USD/CHF confirmed a negative closing also on Friday suggesting further consolidation/ correction with still the 200 days line at 0,9381 the possible attraction, where we expect however good support! The weekly closing was instead strong well above the top of the previous week confirming therefore the positive week reversal!! The indicators of the daily chart are again negative this morning but those of the weekly one remain above the line for now. The indicators of the s/t charts are also negative supporting further weakness toward 0,9380 where we find also the 200 hours line!! We manage to buy the dollar at 0,9410 as suggested. We wait now for lower levels to go long!!
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Future Trend
