(1,2326) The EUR/CHF confirmed a session of consolidation forming a new inside day with now 1,2375 – 1,2305 the levels to follow in the coming hours. The indicators of the daily chart are however still at the line or just below of it but those of the s/t charts are negative this morning suggesting further downside pressure. Only an hourly closing below 1,2320 will however support lower levels suggesting a retest of the 1,2300/ 1,2280 support area. We stay on the sideline while waiting for stronger signals!
Read the full report: EURCHF 08.27
Future Trend