(1,2377) The EUR/CHF confirmed another strong closing yesterday already confirming a 1,24 overshooting. There is still more upside potential, but in the s/t we may see a correction. The indicators of the daily chart are still well positive with fresh bearish divergences confirming the positive tone. The indicators of the s/t charts turned mixed supporting some consolidation/ correction. While below 1,2400 we could well see a retest of the 1,23 area where we already expect good support and from where we favour another test on the upside!! We expect further upside potential toward 1,25!
Click here to read the full report: EURCHF 01.16
Future Trend Research