EUR/CHF Technical Analysis

(1,2087) EUR/CHF is still consolidating interior the inside day with 1,2140 – 1,2065 still the levels to follow in the coming hours. A daily closing below 1,2065 will cause a retest of levels below 1,2050!! The indicators of the daily chart are still above the line showing even a small double bottom with the same closing. The indicators of the s/t charts are instead mixed suggesting further consolidation. With however some downside bias. Only an hourly closing above 1,2100 will favour a recover. We stay on the sideline.

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