(1,2332) The EUR/CHF formed a negative day reversal but only a daily closing tonight below 123,25 will confirm a s/t top suggesting another test on the downside. The indicators of the daily chart are still negative while those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. We expect good support at the 200 hours line at 1,2317; while above tshi line we favour another test on the upside for this cross. A break below the line and below 1,23 will instead confirm a negative reversal suggesting a s/t target at 1,2217!! We stay on the sideline.
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Future Trend Research