(0,9325) The USD/CHF formed a small positive day reversal; however while below the 200 days line at 0,9347 the dollar will remain under pressure. The indicators of the daily chart are however still well positive while those of the s/t ones are still showing a mixed picture. We had however a change in the bias to negative, caused by the formation of bullish divergences in the hourly chart. While above 0,9310 we could see a test toward the 200 hours line 0,9359, move that could be corrective. We prefer however waiting for stronger signals avoiding any position for now!!
Read the full report: USDCHF 09.13
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