(1,2387) The EUR/CHF just confirmed a small rebound finding good resistance already at the 200 hours line at 1,2411. The monthly closing was strong well above the tops of the previous several months!! The indicators of the daily chart are still positive as well as those of the monthly one supporting further strength. The indicators of the s/t charts are mixed with those of the hourly chart already showing potential negative reversals. While below 1,2411 we expect however further pressure and eventually a break even below 1,2330 that yesterday confirmed again to be a good support!! We stay on the sideline
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Future Trend Research