(1,2322) The EUR/CHF confirmed a strong closing above 1,23 but it failed to confirm one above the resistance of the inside day at 1,2305. Nevertheless we expect further upside potential suggesting a retest of the 1,2360 area. The indicators of the daily chart are still negative for now but very close to the line. The indicators of the s/t charts are instead well positive supporting higher levels. Bearish divergences confirm a positive tone suggesting further upside potential. While above 1,2300 on an hourly closing we expect further strength suggesting a 1,2350 overshooting!!
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Future Trend Research