EUR/CHF Technical Analysis

(1,2187) The EUR/CHF confirmed a strong closing on Friday suggesting further upside potential. only a move above 1,2215 will however confirm further strength!! The indicators of the daily chart have now returned above the line and at the moment also those of the s/t charts are positive supporting further strength. In the hourly chart we have however also potential negative reversals that in the s/t could limit further strength favouring a return toward the 200 hours line , now found at 1,2170!! While above this line the s/t scenery will remain positive supporting a test of the 1,2215 key resistance!! We stay on the sideline.

Click here to read the full report: EURCHF 04.22

 

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