EUR/CHF Technical Analysis

(1,2223) The EUR/CHF confirmed another strong closing on Friday in the daily chart as well as in the weekly one supporting further upside potential. Possible a retest of the 1,2450/1,2500 area in the coming hours/ session while only a weekly closing above 1,2475 will confirm higher levels!! The indicators of the daily chart are still well positive as well as those of the weekly one supporting further strength. The indicators of the s/t charts are also positive but overbought. Nevertheless this cross has much more upside potential. We expect further upside potential.

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