(1,2222) The EUR/CHF confirmed a rebound and a strong closing above the top of the previous session. While above 1,22 on an hourly closing we expect an extension of the move up toward the 200 hours line, now found at 1,2273!! The indicators of the daily chart are however still well negative showing close to oversold conditions. Those of the s/t ones turned instead above the line following the correction. We suggest waiting for a possible move toward the 200 hours line to sell for a retest of the 1,21 area!!
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Future Trend Research