USD/CHF Technical Analysis

(0,9188) The USD/CHF is confirming further consolidation interior the negative outside day with 0,9265 – 0,9100 still the levels to follow in the coming hours. Only a daily closing above 0,9265 will support a resumption of the move up. The indicators of the daily chart are still well negative while those of the s/t ones are mixed supporting some consolidation/ correction. An hourly closing below 0,9170 will cause further weakness. While waiting for stronger signals we still follow the outside day.
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Click here to read the full report: USDCHF 2012-02-07

 

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