((1,2433) The EUR/CHF confirmed another strong closing on Friday supporting a possible retest of the 1,2570 area. The weekly closing was also strong, well above the tops of the previous sessions!!
The indicators of the daily chart are still well positive as well as those of the weekly one supporting further strength. The indicators of the s/t ones are mixed at the moment supporting some consolidation/ correction. Only an hourly closing below 1,2385 will however suggest a deeper correction with the 200 hours line, now found at 1,2294, the attraction. In the s/t we expect a little lower levels! We stay on the sideline.
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Future Trend
