USD/CHF Technical Analysis

(0,9030) The USD/CHF confirmed a negative closing while remaining interior Friday’s range forming a new inside day with 0,9125 – 0,9010 now the levels to follow in the coming hours. A daily closing below the support will confirm sensible lower levels for this dollar. The monthly closing was weak but also here only a monthly closing below 0,9020 will support lower levels! The indicators of the daily chart are still well negative but those of the monthly one are still above the line for now!! The indicators of the s/t charts are still showing a mixed picture at the moment but potential negative reversals are keeping this pair under pressure. We expect a test below 0,9000!! We stay on the sideline!

Read the full report: USDCHF 10.01

 

Future Trend