(0,9668) The USD/CHF confirmed an important overshooting of the 0,9800 level but not on closing. Nevertheless after a possible correction we expect further strength for this dollar. The indicators of the daily chart are still well positive but those of the s/t ones turned already below the line this morning supporting some consolidation/ correction. We expect support at 0,9750 before the support line at 0,9700. We stay on the sideline but overall expect a firm correction with the 200 hours line at 0,9668 the attraction!!
Click here to read the full report: USDCHF 05.23
Future Trend