(1,2184) The EUR/CHF confirmed a negative closing while remaining interior the range of the previous session forming an inside day with 1,2225 – 1,2150 the levels to follow in the coming hours. A daily closing above 1,2235 will resume the move up! The indicators of the daily chart are still below the line while those of the s/t ones show a mixed picture suggesting further consolidation. Possible a retest of the 200 hours line at 1,2167; a break below the line will confirm a new negative reversal suggesting a s/t target at 1,2012! Only an hourly closing above 1,2204 will postpone this scenery!! We stay on the sideline.
Click here to read the full report: EURCHF 04.11
Future Trend Research
