(1,2318) The EUR/CHF confirmed a weak closing below the support of the negative outside day it formed on Wednesday. Possible therefore a retest of the 1,2255 level and a closing below of it will support further weakness aborting the suggested double top formation!! The indicators of the daily chart are still negative while those of the s/t ones are still showing a mixed picture with however a negative bias. Only an hourly closing above 1,2390 will postpone further weakness favourign higher levels!! A move below 1,2280 will instead confirm lower levels with a s/ target at 1,2217. We stay on the sideline
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Future Trend Research