(0,9263) The USD/CHF still confirm a weak closing well below the 200 days channel suggesting further downside pressure. The indicators of the daily chart are now turning again below the line while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. Bullish divergences still support a negative tone. While above 0,9250 on an hourly closing we could see a retest of the 0,9300 area with even a possible overshooting toward the 200 hours line, now found at 0,9336! We prefer remaining on the sideline for now
Read the full report: USDCHF 09.17
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