USD/CHF Technical Analysis

(0,9685) The USD/CHF confirmed a session of consolidation interior Friday’s range forming a new inside day with 0,9730 – 0,9580 the levels to follow in the coming hours. The indicators of the daily chart are still well positive but those of the s/t ones are mixed suggesting some more consolidation/ correction. The indicators of the hourly chart are showing potential negative reversals after having formed bullish divergences on the way down. The upside could therefore be limited in the s/t suggesting another possible drop. We wait for stronger signals!!

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