(1,2264) The EUR/CHF confirmed a positive closing but it failed to extend further the move up finding good resistance at 1,2270. Nevertheless still possible further upside potential and this could mean a retest of the 200 days line, today at 1,2308!! The indicators of the daily chart are still well negative, still showing however potential positive reversals. The indicators of the s/t charts are still in positive territory supporting further strength. We need however to move above the 200 hours line at 1,2272 to confirm higher levels; while below the risk is of a retest of the lows with a possible 1,22 undershooting!! We stay on the sideline!
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