(1,2395) The EUR/CHF confirmed another strong closing managing the expected 1,24 overshooting. We expect some resistance at 1,2420 before the 1,2460 area. The indicators of the daily chart are still well positive but those of the s/t ones are showing a mixed picture this morning suggesting some consolidation/ correction. Bearish divergences still confirm a positive tone. We expect further s/t strength but are going to sell a 1,2420 overshooting with a stop at 1,2465 for a return toward 1,2350!
Read the full report: EURCHF 09.06
Future Trend