EUR/CHF confirmed further consolidation interior the inside day with 1,2405 – 1,2240 still the levels to follow in the coming hours/ session. Only a daily closing above 1,2405 will support higher level suggesting the still missing 1,25 overshooting!!
The indicators of the daily chart are positive, but just above the line, while those of the s/t ones are mixed this morning supporting further consolidation. Still possible an extension of the correction toward the 200 hours line at 1,2306, move that we expect to be corrective after having formed fresh bearish divergences in yesterday’s session.
We wait for further confirmations while following the inside day!
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