USD/CHF Technical Analysis

(0,9465) The USD/CHF confirmed As well a session of consolidation forming a new inside day with 0,9635 – 0,9395 the levels to follow in the coming hours. A possible break of the support will lead to a test of the 200 days line, now found at 0,9357! This decline is corrective and a buying opportunity! The indicators of the daily chart are still below the line and this morning also those of the s/t ones are negative supporting further weakness. In the s/t only an hourly closing above 0,9525 will postpone further weakness favouring a rebound toward the 200 hours line, now found at 0,9594!! We stay on the sideline while following the inside day!!

Read the full report: USDCHF 06.05

 

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