(1,2373) The EUR/CHF is further consolidating 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; already an hourly closing above 1,2395 will signal some more upside potential!! The indicators of the daily chart are still positive but still just above the line while those of the s/t ones are also still showing a mixed picture suggesting further consolidation. However, while below the 200 hours line at 1,2375 the cross will remain under further pressure. Nevertheless for the moment we remain long with the stop still at 1,2315
Read the full report: EURCHF 09.18
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