EUR/CHF ANALYSIS

EUR/CHF is remaining under some pressure still suggesting further downside risk.

We would still like to see a 1,2100 undershooting that should trigger the attention of the BNS and a possible reaction .
The indicators of the daily chart are still in negative territory but those of the s/t ones turned positive or are close to turn above the line supporting a possible move up. In the s/t only an hourly closing above 1,2175 will support higher levels.
We  remain on the sideline.

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FUTURE TREND RESEARCH