(0,9225) The USD/CHF confirmed yesterday a session of consolidation forming a new inside day with 0,9300 – 0,9205 the levels to follow in the coming hours. A break of the support will favour lower levels! The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. In the s/t only a return above 0,9290 will postpone further weakness; however while above the 200 hours line, this morning still at 0,9270 the scenery will remain negative suggesting a drop toward 0,9110!! We stay on the sideline for now
Read the full report: USDCHF 08.20
Future Trend