(0,9265) The USD/CHF confirmed a strong closing last night above the tops of the previous few sessions suggesting further s/t upside potential toward the 200 days line, now found at 0,9355! The indicators of the daily chart are however still well negative while those of the s/t ones are mixed this morning suggesting some consolidation. However, the hourly chart is already showing a negative reversal situation suggesting a possible s/t target at 0,9102. A move below 0,9230 will resume the decline. Only an hourly closing above 0,9290 will postpone further weakness supporting a rally toward the 200 days line. We stay on the sideline for now
Read the full report: USDCHF 08.13
Future Trend