USD/CHF Technical Analysis

(0,9365) The USD/CHF confirmed a strong closing, even above the 200 days line, now s/t support at 0,9345. While above this line we expect further strength! The indicators of the daily are still well positive as well as those of the s/t ones supporting further strength. Bearish divergences in the hourly chart support a positive tone supporting further strength. We suggest waiting for a possible correction, still toward the 200 hours line now found still only at 0,9258, to go long this dollar.

Read the full report: USDCHF 09.03

 

Future Trend