(1,2500) The EUR/CHF confirmed a negative closing but at least it managed to recover above 1,25 from the low of the session at 1,2418!! The indicators of the daily chart are still well positive but showing a potential double top formation. The indicators of the s/t ones are instead still below the line for now supporting further consolidation/ correction. Only an hourly closing above 1,2550 will resume the move up confirming also a positive reversal suggesting a new s/t target at 1,2670. While below 1,2550 the cross could be forming a S_H_S formation with the neck line at 1,2425; an hourly closing below this line, but we suggest waiting for a break below 1,2418 will cause a return toward 1,23/ 1,2250!! We stay on the sideline
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