USD/CHF: weekly Ichimoku analysis (12/09)
Tatyana Norkina, FBS analyst
Daily. The pair hit a new yearly high this week, recovering to 0.9395. The bullish sentiment remains strong, but the overbought market conditions limit further growth. We expect a corrective dip towards the Tenkan-sen line.
Chart. Daily USD/CHF
H4. The pair remains supported by Tenkan-sen and Kijun-sen. Break below would open the way tp the upper border of the Cloud.
Chart. H4 USD/CHF