(1,2346) The EUR/CHF confirmed a weak closing while however still consolidating interior the negative outside day with 1,2415 – 1,2315 still the levels to follow in the coming hours. Only a daily closing below 1,2315 will support further weakness with the 200 days line at 1,2299 the first attraction. The indicators of the daily chart are positive but still just above the line while those of the s/t ones turned all negative suggesting further downside risk, especially while below the 200 hours line, today at 1,2371. We stay on the sideline keeping the long position.
Read the full report: EURCHF 09.19
Future Trend