(1,2446) The EUR/CHF confirmed a negative closing also last night after Wednesday’s one; however, only a daily closing below 1,2405 will confirm lower levels!! The indicators of the daily chart are however in negative territory while those of the s/t ones are showing a mixed picture suggesting further consolidation. Only an hourly closing below 1,2420 will postpone further strength causing a deeper correction confirming a S_H_S formation that could cause a drop toward the support line at 1,23!! We stay on the sideline waiting for stronger signals.
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