(0,9178) The USD/CHF confirmed a weak closing below the support of the inside day at 0,9205 supporting further weakness toward the s/t target at 0,9110. Only a daily closing below 0,9130 will however confirm lower levels suggesting even a 0,9000 undershooting. The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. In the s/t only a return above 0,9185 confirmed by an hourly closing will support a rebound that should however find resistance already at 0,9220 before the 200 hours line at 0,9268! We stay on the sideline for now
Read the full report: USDCHF 08.21
Future Trend
