USDCHF: Traded a range of 0.9840/0.9904

USDCHF: 0.9873

US$Chf has traded  a range of 0.9840/0.9904 after the SNB left policy unchanged, as expected, but raised L-T inflation forecast.

1 hour/4 hour indicators: Neutral

Daily Indicators: Neutral

Weekly Indicators:  Neutral

Preferred Strategy:  The short term momentum indicators and the dailies are all now neutral and another rangebound session using 0.9830/0.9820 as a guide.

Resistance   Support  
0.9965 (76.4% of 0.1137/0.9816) 0.9839 Session low
0.9950 Minor 0.9835 100 WMA /5 Dec low
0.9935 11 Dec high /12 Dec high 0.9827 (61.8% of 0.9742/0.9977)
0.9904 Session high 0.9800 Minor
0.9880 Minor 0.9790 (76.4% of 0.9742/0.9977)




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