USD/CHF Technical Analysis

(0,9396) The USD/CHF confirmed a strong closing above the top of the previous session above the 200 days line but unfortunately not above the resistance of the inside day at 0,9410. Nevertheless we expect further strength!! The indicators of the daily chart are now above the line supporting a possible move up, those of the s/t oens are momentarily showing a mixed picture suggesting further consolidation. While below 0,9420 we could see a retest of the 200 hours line at 0,9358 move that will be followed by new strength. Bearish divergences confirm a positive tone. We expect higher levels; we wait for a buying opportunity!!

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