USD/CHF Technical Analysis

(0,9242) The USD/CHF confirmed yesterday a session of consolidation forming a new inside day with 0,9265 – 0,9135 the levels to follow in the coming hours. A daily closing above 0,9265 will support a direct retest of the 200 days line at 0,9348 The indicators of the daily chart are however still well negative but those of the s/t ones turned up above the line supporting further s/t strength. We expect a possible test of the 200 hours line at 0,9267 with even a possible 0,9300 overshooting, where we expect however good s/t resistance. We stay on the sideline for now waiting for higher levels to sell.

Read the full report: USDCHF 08.22

 

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