(1,2200) The EUR/CHF confirmed another strong closing last night but it failed yet to confirm and break above the 1,2215 key level!! Only a move above 1,2215 confirmed by a daily closing will support further strength!! The indicators of the daily chart have are positive while those of the s/t ones turned mixed supporting some consolidation/ correction. The move up is forming divergences but not clear enough to be able to turn the tone to positive. While below 1,2215 we expect a return toward the 200 hours line, now found at 1,2171!! We stay on the sideline.
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Future Trend Research