(1,2290) The EUR/CHF confirmed a weak closing below the support of the inside day at 1,2305. Further weakness is possible! The indicators of the daily chart are now negative and also those of the s/t ones are below the line suggesting further pressure. Fresh bullish divergences confirm the negative tone. We expect good support at 1,2280 but a break there will open the way for another drop toward 1,22!! We stay on the sideline while waiting for stronger signals!
Read the full report: EURCHF 08.28
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