(1,2228) The EUR/CHF confirmed a further session of consolidation interior Monday’s inside day with 1,2300 – 1,2155 still the levels to follow in the coming hours/ session. A possible break of the support will favour further weakness suggesting the test of the 200 days line at 1,2121!! The indicators of the daily chart are still well negative while those of the s/t ones are still showing a mixed picture suggesting further consolidation/ correction. While below 1,2240 on an hourly closing we expect further weakness toward a s/t target at 1,2120, scenery supported also by negative reversals!! Only a move above 1,2270 confirmed by an hourly closing will postpone further weakness suggesting a 1,23 overshootign!!
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Future Trend Research