(1,2272) The EUR/CHF confirmed a weak closing below the support of the positive outside day at 1,2295 suggesting further downside risk. The indicators of the daily chart turned already negative and also those of the s/t ones are below the line suggesting further s/t pressure. Bullish divergences in the hourly chart still support a negative tone. While below 1,2295 we expect further weakness toward 1,2210! We stay on the sideline.
Click here to read the full report: EURCHF 02.05
Future Trend Research