EUR/CHF confirmed a positive closing after an overshooting of the resistance of the inside day at 1,2415 but it failed to confirm the break out on closing. We have therefore to expect further consolidation.
The indicators of the daily chart are still well positive but those of the s/t ones turned mixed suggesting some consolidation /correction.
Possible therefore a drop toward the 200 hours line at 1,2346 where we already expect good support. The possible decline is corrective and a buying opportunity!!
We remain on the sideline.
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