(0,9325) The USD/CHF formed a negative day reversal while however remaining still interior the inside day with 0,9455 – 0,9215 still the levels to follow in the coming hours. Only a daily closing above 0,9455 will resume the move up of this dollar. While below the 200 days line the dollar will remain under pressure. The indicators of the daily chart are still well negative suggesting further consolidation. The return below 0,9350 is confirming a negative reversal suggesting a possible s/t target at 0,9066. Only an hourly closing above 0,9420 will postpone further weakness supporting a decent rebound!! We stay long for now ready however to close it!
Read the full report: USDCHF 06.11
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