(1,2493) The EUR/CHF confirmed a strong closing reversing the negative closing of the previous session while confirming the break above the resistance of the inside day at 1,2470 supporting further upside potential. We expect a firm test of the previous top at 1,2571; only a break above this level will confirm higher levels suggesting a move toward 1,30!! The indicators of the daily chart are still well positive and also those of the s/t ones are well above the line supporting further strength. Fresh bearish divergences confirm a positive tone, now also in the 4h chart!! While above 1,2460 we expect further direct strength; an hourly closing above 1,2515 will support further strength.
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Future Trend
