(0,9287) The USD/CHF confirmed a negative closing missing however a weak one. However, while below the 200 days channel lines we have to expect further weakness for this dollar. The indicators of the daily chart are still well negative while those of the s/t charts are still showing a mixed picture suggesting further consolidation. Only a move above 0,9400 will postpone further weakness favouring higher levels. While below the 200 hours line at 0,9303 we expect a retest of the 0,9230 level. We try staying long with the stop still at 0,9218!
Read the full report: USDCHF 08.06
Future Trend