(0,9376) The USD/CHF confirmed still a positive closing also last night while however remaining interior Friday’s range forming a new inside day with 0,9410 – 0,9290 the levels to follow in the coming hours. A daily closing above 0,9410 will re-launch the move up!! The indicators of the daily chart are however still below the line while those of the s/t ones are mixed suggesting further consolidation. While above the 200 hours line at 0,9364 we expect however further strength and a possible break above 0,9410!! Bearish divergences in the hourly chart support now a positive tone. A break above 0,9400 will abort the s/t target suggested in yesterday’s report at 0,9209!! We stay on the sideline.
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