(1,2208) The EUR/CHF is confirming further consolidation the 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 1,2122!! While below 1,2240 we expect this cross to remain under further pressure. The indicators of the daily chart are still well negative and at the moment also those of the s/t ones are turning below the line suggesting further downside risk, scenery supported also by negative reversals in the hourly chart. A break below the support line at 1,2190 will suggest a possible drop toward our s/t target at 1,2120!! We stay on the sideline.
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Future Trend Research