(0,9360) The USD/CHF formed a positive month reversal and last night it confirmed also a strong closing well above the top of the previous sessions suggesting further upside potential toward the 200 days line, now found still at 0,9430. The indicators of the daily chart are still well positive as well as those of the monthly one supporting further strength. The indicators of the s/t charts are also positive supporting further direct upside potential. The move up already confirmed our s/t target at 0,9373; while above 0,9335 we could however see further direct strength suggesting a 0,9400 overshooting!! We stay on the sideline.
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Future Trend Research