(1,2105) EUR/CHF is still well bid above 1,21 but it still failed to confirm the s/t target of the S_H_S formation at 1,2142!! The indicators of the daily chart are still in positive territory while those of the s/t ones are mixed suggesting some more consolidation in the s/t charts. Possible therefore a retest of the 1,2090 area with even a possible extension toward the 200 hours line today found at 1,2065. The possible drop should however find support already at at the neck line at 1,2080. We remain on the sideline waiting for a test lower to buy, as close as possible to the 200 hours line
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FUTURE TREND RESEARCH