(1,2340) The EUR/CHF confirmed a rebound after the test below 1,2310 forming a positive day reversal; only a daily closing tonight above 1,2350 will confirm a s/t bottom. The indicators of the daily chart closed however still below the line keeping the cross under some pressure. The indicators of the s/t charts are instead mixed supporting further consolidation/ correction. The decline below 1,2310 started forming bullish divergences only in the faster RSI, suggesting however a possible change of the tone to negative. While below 1,2350 we expect therefore another test on the downside!! We stay on the sideline
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