(1,2163) The EUR/CHF formed a positive day reversal but only a daily closing tonight above 1,2171 will confirm a s/t bottom supporting a little higher levels. To see sensible higher levels the cross has to break above 1,215 confirming the move by a daily closing!! The indicators of the daily chart are still below the line but those of the s/t ones are positive or very close to turn above the line supporting further possible strength! Already an hourly closing above the 200 hours line at 1,2170 will support higher levels!! While below the risk is still on the downside!! We stay on the sideline.
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Future Trend Research