EUR/CHF confirmed also yesterday further consolidation interior the positive outside day with 1,2395 – 1,2235 still the levels to follow in the coming hours/ session. We had last night a test of the resistance that limited the upside for now. Only a daily closing above 1,2395 will support higher levels!!
The indicators of the daily chart are now again turning above the line while those of the s/t ones are still positive supporting higher levels. While above 1,2320 on an hourly closing we expect a possible retest of last night’s top with even a possible extension toward the 1,2425 area.
We wait for further confirmations while following the outside day!
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/12/EUR-CHF-12.02.11.pdf
FUTURE TREND RESEARCH