EUR/CHF Technical Analysis

(1,2336) The EUR/CHF confirmed further consolidation interior the inside day with 1,2500 – 1,2315 still the levels to follow in the coming hours. A break below 1,2315, but we suggest thinking of a closing below 1,23, will postpone further strength causing a drop toward the 200 days line, now found at 1,22! The indicators of the daily chart are still well negative and at the moment also those of the s/t ones are below the line keeping this cross under pressure. We expect good support at 1,23 where we even suggest trying a long position! We stay on the sideline waiting for stronger signals

Read the full report: EURCHF 06.06

 

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