(0,9013) The USD/CHF failed to extend the correction above 0,9080 turning instead again lower closing however just above the key level at 0,9020. It failed yet to form a new low finding good support just below the figure. However, while below 0,9080 we can see a sell off below 0,9000! The indicators of the daily chart are still well negative as well as those of the s/t ones suggesting further pressure. In the s/t already an hourly closing above 0,9035 could signal a recover; while below we have to expect lower levels!! We stay on the sideline!
Read the full report: USDCHF 10.03
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