(1,2550) The EUR/CHF confirmed a strong closing last night at the key level before extending the move up this morning toward 1,2570. Possible at this point further strength toward 1,27 if not even 1,30. We took however the opportunity to sell half our position we are holding since long time at 1,2550!! We keep the rest for a possible 1,27 overshooting!! The indicators of the daily chart are still well positive but now also well overbought. Those of the s/t ones are also positive and overbought. Bearish divergences confirm a positive tone supporting higher levels. We stay on the sideline.
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Future Trend Research