(0,9460) The USD/CHF is confirming further consolidation interior Friday’s inside day with 0,9565 – 0,9405 still the levels to follow in the coming hours. Only a daily closing above 0,9565 will confirm a direct extension of the move up!! The indicators of the daily chart are still well positive but also still showing potential negative reversals and overbought conditions! The indicators of the s/t chart are instead negative this morning suggesting further consolidation/ correction. Only an hourly closing below 0,9435 will however support further weakness suggesting a 0,9400 undershooting!!We prefer remaining on the sideline waiting for lower levels to buy!
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Future Trend Research