(1,2365) The EUR/CHF formed on Friday a negative outside day reversal with now 1,2415 – 1,2315 the levels to follow in the coming hours. The weekly closing was instead positive close to strong! The indicators of the daily chart are still well positive and also those of the weekly one closed above the line. The indicators of the s/t charts are instead negative this morning suggesting some consolidation. We have however a potential positive reversal suggesting a s/t target at 1,2438. We stay on the sideline for now!
Read the full report: EURCHF 09.09
Future Trend