USD/CHF Technical Analysis

(0,9401) The USD/CHF formed a small negative day reversal that it already aborted with the move above 0,9384.We have to expect further strength especially in case of a daily closing above 0,9400! The indicators of the daily are still well positive as well as those of the s/t ones supporting further upside potential. the rally above 0,9385 confirmed also a positive reversal in the hourly chart suggesting a s/t target at 0,9449! We suggest therefore waiting for a decent correction to buy.

Read the full report: USDCHF 09.05

 

Future Trend