EUR/CHF Technical Analysis

(1,2358) The EUR/CHF confirmed a small positive closing while however still confirming further consolidation interior the negative outside day with 1,2415 – 1,2315 still the levels to follow in the coming hours. Only a daily closing above 1,2415 will postpone further weakness!!  The indicators of the daily chart are still positive but now just above the line while those of the s/t ones are mixed suggesting further consolidation. However, while below the 200 hours line at 1,2375 the cross will remain under some pressure. Nevertheless for the moment we remain long with the stop still at 1,2315

Read the full report: EURCHF 09.17

 

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