(1,2357) The EUR/CHF confirmed a weak closing below the support of the inside day at 1,2380 suggesting further weakness toward 1,2300 if not even a little lower! The indicators of the daily chart are however still well positive but those of the s/t ones are all below the line suggesting further pressure. While below 1,2435 on an hourly closing we favour a further extension of the correction suggesting a 1,23 undershooting. We stay on the sideline.
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Future Trend Research