(0,9530) 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 also positive this morning supporting higher levels. While above 0,9505 we have to expect further strength suggesting a retest of the 0,9555 area. We prefer remaining on the sideline waiting for lower levels to buy!
Click here to read the full report: USDCHF 03.14
Future Trend Research