USD / CHF ended yesterday's trading negatively to retest 0.9725 again, which is the first protection factor for the positive scenario suggested in our recent reports, noting that the SMA 50 meets the current support areas to add more strength to it, while Stochastic It is saturated with selling now.
---------- Post added 06-23-2017 at 07:32 PM ---------- Previous post was 06-22-2017 at 09:10 PM ----------
USD / CHF continues its negative pressure to move below 0.9725, heading towards the pivotal support test 0.9700, while SMA 50 is trying to protect the price from further losses, and as long as the price is above the last level, our bullish outlook remains on the intraday basis, 0.9812 and then 0.9864 mainly.