EUR/CHF Technical Analysis

(1,2283) The EUR/CHF confirmed another weak closing on Friday but for the moment it managed to remain above the 1,2255 support! The weekly closing was also weak, below the low of the previous week!! The indicators of the daily chart are still well negative but those of the weekly one remain above the line for now. The indicators of the s/t charts are mixed suggesting some consolidation/ correction. Bullish divergences in the 4h chart support however still a negative tone. Possible rebounds are therefore corrective and selling opportunities, especially close to the 200 hours line, now found at 1,2334!! We stay on the sideline

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