(0,9745) The USD/CHF confirmed a weak closing after the one on Wednesday confirming therefore also the suggested S_H_S formation suggesting further s/t weakness. While below 0,9580 we should be able to see a drop below 0,9500!! The indicators of the daily chart are now below the line while those of the s/t ones are mixed suggesting some consolidation/ correction. The decline started forming further bullish divergences confirming a negative tone. We expect a little lower levels but in our view this extension should be a m/t buying opportunity but probably only close to the 200 days line, now found at 0,9359!!
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