(0,9263) The USD/CHF confirmed a session of consolidation while waiting for the FOMC statements. It formed a new inside day with 0,9320 – 0,9210 the levels to follow in the coming hours. However, only a return above the 200 days line, today at 0,9346, confirmed by a daily closing will support higher levels. The indicators of the daily chart are still below the line since yesterday while those of the s/t ones are further showing a mixed picture suggesting more consolidation/ correction. While above 0,9250 on an hourly closing we could see a retest of the 0,9300 area with even a possible overshooting toward the 200 hours line, now found at 0,9318! We prefer remaining on the sideline for now
Read the full report: USDCHF 09.18
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