(1,2363) The EUR/CHF confirmed a small session of consolidation without forming any pattern. While above 1,2345 we expect further upside potential still suggesting a 1,24 overshooting!! The indicators of the daily chart are still positive but now just at the line after the negative closing last night. The indicators of the s/t charts are instead mixed suggesting further consolidation. Only an hourly closing below 1,2345 will postpone further strength causing a deeper correction with the 200 hours line at 1,2297 the attraction. A move above 1,2395 will instead confirm a positive reversal suggesting a s/t target at 1,2474! We stay on the sideline.
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Future Trend Research