(1,2310) The EUR/CHF formed on Friday a negative day reversal turning again below 1,23 while however remaining interior the inside day with 1,2400 – 1,2240 still the levels to follow in the coming hours!! The weekly closing was negative. The indicators of the daily chart and weekly charts are negative suggesting further downside pressure. The indicators of the s/t ones are instead mixed supporting further consolidation/ correction. Only an hourly closing above the 200 hours line at 1,2331 will however postpone further weakness!! The s/t scenery is still negative suggesting another test lower!!
Read the full report: EURCHF 06.17
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