(1,2444) The EUR/CHF confirmed a weak closing on Friday and also the weekly one was negative. The monthly closing was instead strong well above the tops of the previous 2 months but it dfailed yet to confirm one above the key level at 1,2571!! The indicators of the daily chart are still in negative territory but those of the weekly and monthly charts are positive supporting further strength. The indicators of the s/t charts are still showing a mixed picture suggesting further consolidation. Bullish divergences confirm however a negative tone supporting lower levels with the support line at 1,2310 the attraction. Possible move up are corrective and selling opportunity! We stay on the sideline waiting for stronger signals
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Future Trend
