EUR/CHF Technical Analysis

(1,2083) EUR/CHF confirmed a further session of consolidation interior the inside day with 1,2140 – 1,2065 still the levels to follow in the coming hours. Only a daily closing above 1,2140 will support further strength suggesting a retest of the 1,2190/1,22 area!! The indicators of the daily chart are still positive but a weak closing tonight could already turn them negative. The indicators of the s/t charts are negative suggesting further consolidation. We expect some support a 1,2070 before the 1,2060/50 area. We stay on the sideline.

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