EUR/CHF is still well bid above 1,2350 but showing a mixed picture and however for now it is unable to overcome the resistance area at 1,2450/80!!
The indicators of the daily chart are still well positive but approaching the line while those of the s/t ones are this morning below the line suggesting further consolidation/ correction. However only an hourly closing below 1,2340 will support lower levels suggesting a 1,23 undershooting!!
We remain on the sideline waiting for stronger signals.
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/11/EUR-CHF-11.22.pdf
FUTURE TREND RESEARCH