(0,9245) The USD/CHF confirmed on Friday a negative closing while the weekly one was even weak supporting further weakness. The indicators of the daily chart are now turning again below the line while those of the weekly one are still well negative supporting further weakness. The indicators of the s/t charts are also negative supporting lower levels. Bullish divergences confirm a negative tone. The drop we had this morning found support above the support line at 0,9220 and while above this line we favour a rebound for a retest of the 0,9290 area. We prefer remaining on the sideline for now
Read the full report: USDCHF 09.16
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