(1,2123) EUR/CHF still confirmed a strong closing well above the top of the previous session. We could have a s/t bottom at 1,2060 but very much will depend on today’s closing. The indicators of the daily chart are still well positive and also those of the s/t ones are now again above the line supporting further strength. An hourly closing above 1,2130 will support a possible retest of last week’s high, scenery that we favour! We stay on the sideline
Click here to read the full report: USDCHF 12.12
SEB tech team
