The USD/CHF confirmed a strong daily closing on Friday after the overshooting of the previous top; also the weekly closing was positive well above the top of the previous week. However only a daily closing above 0,9317 will confirm the resumption of the move up suggesting an extension of the rally toward parity!! The indicators of the daily chart are still well positive as well as those of the weekly one supporting higher levels. The indicators of the s/t charts turned instead mixed suggesting some consolidation/ correction.
We expect the dollar to move a little lower toward the 200 hours line at 0,9193, move that we expect to be corrective and a buying opportunity!
We remain still on the sideline!!
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FUTURE TREND RESEARCH