EUR/CHF Technical Analysis

(1,2322) The EUR/CHF confirmed on Friday a session of consolidation forming a new inside day with 1,2360 – 1,2270 the levels to follow in the coming hours. The indicators of the daily chart are still negative but not yet those of the weekly one. The indicators of the s/t charts are instead still showing a mixed picture suggesting further consolidation. While above the 200 hours line at 15 on an hourly closing we still expect a little higher levels toward 1,2380!! We stay on the sideline.

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