(1,2340) The EUR/CHF is confirming further consolidation interior the inside day with 1,2360 – 1,2270 still the levels to follow in the coming hours. The indicators of the daily chart are still negative but forming a possible reversed S_H_S formation. The indicators of the s/t ones are instead mixed with however a positive bias suggesting still some more upside potential. Only an hourly closing above 1,2360 will support higher levels with the resistance at 1,2390 the attraction. We stay on the sideline but for the moment the scenery is remaining mixed.
Click here to read the full report: EURCHF 02.20
Future Trend Research
