(1,2283) The EUR/CHF confirmed a weak closing on Friday even below the support of the inside day at 1,2270 suggesting further downside risk. Only a daily closing below 1,2255 will however confirm lower levels!! The indicators of the daily chart are still well negative but already showing potential positive reversals while those of the weekly one are still positive. The indicators of the s/t ones are mixed supporting further consolidation/ correction. Only a return above the 1,2310 level confirmed by an hourly closing will postpone further weakness!! We stay on the sideline.
Click here to read the full report: EURCHF 02.25
Future Trend Research
