(1,2327) The EUR/CHF confirmed a weak weekly closing and also the daily one was negative returning interior the 200 days channel. We find the 200 days line at 1,2301 and while above this line the cross should be able to rebound! The indicators of the daily chart are however well negative as well as those of the weekly one. The indicators of the s/t charts are instead mixed but overall showing a negative tone. Bullish divergences in the hourly chart confirm the scenery. While above 1,2320 on an hourly closing we may see a correction toward the 200 hours line, now found at 1,2360. This move up is a sell for a retest of the 1,23 area!
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