(1,2340) The EUR/CHF confirmed a negative weekly closing while the daily one was slightly higher. Overall the cross is managing to remain above the 1,23 level for now. The indicators of the daily chart are however still at the line as well as in the weekly one. The indicators of the s/t charts also showing a mixed picture suggesting further consolidation. Only an hourly closing above 1,2365 will support further strength. We stay on the sideline waiting for stronger signals!
Read the full report: EURCHF 08.26
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