(1,2288) The EUR/CHF confirmed on Friday a weak closing below the low of the previous session confirming therefore also the negative day reversal. Possible further weakness in the coming hours/ session toward the support area at 1,2215! The indicators of the daily chart are however still well positive and still showing potential negative reversals; the weekly one returned positive after the strong Friday’s closing. The indicators of the s/t charts are at the moment mixed supporting further consolidation/ correction. While below 1,2300 on an hourly closing we favour further weakness toward the 200 hours line, now found at 1,2230. This decline is corrective and a buying opportunity!! We stay on the sideline.
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