EUR/CHF confirmed yesterday further consolidation interior the positive outside day reversal with 1,2395 – 1,2235 still the levels to follow in the coming hours/ session.
The indicators of the daily chart are still negative and this morning also those of the s/t ones are still below the line supporting further consolidation/ correction. An hourly closing below 1,2245 will cause further weakness toward 1,2200.
Only a return above the 200 hours line at 1,2322 will abort further weakness favouring higher levels!
We wait for further confirmations while following the outside day!
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FUTURE TREND RESEARCH