EUR/CHF Technical Analysis

(1,2082) The EUR/CHF is further consolidating interior the inside day with 1,2140 – 1,2065 still the levels to follow in the coming hours. Only a daily closing below 1,2065 will cause a retest of levels below 1,2050!! The indicators of the daily chart are still at the line not really moving too much while those of the s/t ones are mixed suggesting further consolidation. Only a return above the 200 hours line at 1,2090 will stabilize the cross while only an hourly closing above 1,2100 will support a rebound!! We stay on the sideline.

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