EUR/CHF confirmed still a negative closing remaining a little under pressure toward the 200 days line that we find still at 1,2238. While above this line we expect a resumption of the move up!!
The indicators of the daily chart are negative while those of the s/t ones suggesting further consolidation/correction. In the hourly chart we have however potential negative reversal limiting the upside of this cross and a break below 1,2255 could cause further weakness toward the 1,2200 area closing therefore the still open gap up!!
We remain on the sideline.
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FUTURE TREND RESEARCH