(1,2525) The EUR/CHF confirmed a strong closing last night well above the resistance of the inside day at 1,2505 supporting further upside potential. We expect a test of the key level at 1,2570 and a daily closing above this level will open the way for further strength toward 1,30!! The indicators of the daily chart are still well positive as well as those of the s/t ones supporting further strength. Fresh bearish divergences confirm a positive tone. S7t pressure should find support already at 1,2490 before the 200 hours line at 1,2447. We expect further strength!! We stay on the sideline.
Click here to read the full report: EURCHF 05.22
Future Trend