(1,2287) The EUR/CHF confirmed a weak closing but it did not follow the sell off we had in EUR/DOLL. While below 1,2335 the cross may remain under some pressure suggesting a retest of the 1,2260/ 50 support area!! The indicators of the daily chart are still well negative and also those of the s/t ones are below the line supporting further downside risk! Only an hourly closing above 1,2335 will postpone further weakness favouring a rebound toward the s/t key level at 1,2375!! We stay on the sideline.
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