USD/CHF Technical Analysis

(0,9302) The USD/CHF is still consolidating interior the positive outside day with 0,9350 – 0,9220 still the levels to follow in the coming hours. Only a daily closing above 0,9350 will support a direct extension of the move up toward the 200 days line, now found at 0,9432. The indicators of the daily chart are still well positive while those of the s/t ones are still showing a mixed picture suggesting further consolidation. While above 0,9280 on an hourly closing, where we find today the 200 hours line, we expect the scenery to remain positive suggesting a s/t target at 0,9373!! We stay on the sideline

Click here to read the full report: USDCHF 02.28

 

Future Trend Research