EUR/CHF Technical Analysis

(1,2225) The EUR/CHF confirmed on Friday a weak closing well below the support of the inside day at 1,2265 supporting further weakness. The weekly closing was also weak suggesting lower levels toward 1,2170! The indicators of the daily chart are still well negative as well as those of the weekly one supporting lower levels. The indicators of the s/t charts are also negative with bullish divergences confirming a negative tone. We expect further pressure that we suggest buying especially below 1,22 close to the 1,2170 level!!

Read the full report: EURCHF 09.30

 

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