(0,9050) The USD/CHF formed a positive day reversal after a test below 0,9000; only an hourly closing above 0,9076 will confirm a s/t bottom supporting a little higher levels. The indicators of the daily chart are still well negative while those of the s/t ones are mixed this morning suggesting further consolidation/ correction. However, only an hourly closing above 0,9080 will support a higher retracement. While below, the risk is a retest of yesterday’s low below 0,9000! We stay on the sideline!
Read the full report: USDCHF 10.02
Future Trend