(0,9350) The USD/CHF reversed the previous few session’s tone closing weak, below the low of the previous session and even below the 200 days line at 0,9362. The indicators of the daily chart have also turned negative on this drop as well as those of the s/t ones suggesting further pressure. However we believe this decline was corrective and bought the dollar here at 0,9350 suggesting a move toward a s/t target at 0,9459!! We put a stop at 0,9295!
Click here to read the full report: USDCHF 05.09
Future Trend