(0,8985) The USD/CHF confirmed a weak closing as well as our target at 0,8990 but it failed yet to really accelerate on the downside. However a weekly closing below 0,9000 will be very negative for this dollar suggesting further weakness! The indicators of the daily chart are still well negative as well as those of the s/t ones suggesting further downside risk. In the s/t only an hourly closing above 0,9035 could signal a recover suggesting a retest of the 200 hours line, now found at 0,9067!! We stay on the sideline!
Read the full report: USDCHF 10.04
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