USD/CHF Technical Analysis

(0,9225) The USD/CHF already confirmed a test of the 0,9210 level; a daily closing below this support will cause further and probably more important weakness suggesting even a retest of the 0,9000 area! The indicators of the daily chart are again well negative supporting further weakness and also those of the s/t ones are below the line. Bullish divergences confirm a negative tone. Only a return above 0,9250 will postpone the decline favouring a rally toward the 200 hours line, now found at 0,9299. We stay on the sideline.

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