(1,2383) The EUR/CHF formed on Friday a positive outside day with now 1,2430 – 1,2295 the levels to follow in the coming hours. A daily closing below 1,2295 will support further weakness and a possible return toward the 1,2190/80 support area. The indicators of the daily chart are however still positive as well as those of the weekly one. The indicators of the s/t charts are mixed at the moment supporting some consolidation/ correction. Only an hourly closing above 1,2415 will postpone further strength suggesting a 1,2450 overshooting, move that we expect to be corrective. We stay on the sideline.
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Future Trend Research