(0,9231) The USD/CHF confirmed a positive closing but just a few pips higher while consolidating above 0,9200. While above this level on a daily closing we expect a possible test of the 200 days line at 0,9345!! The indicators of the daily chart are still well negative close to the oversold area; those of the s/t charts are showing a mixed picture suggesting further consolidation/ correction. However still only an hourly closing above 0,9275 will postpone further weakness favouring higher level with the 200 days line at 0,9345 the attraction. We wait still for an extension of the rebound to sell the position.
Read the full report: USDCHF 06.18
Future Trend