EUR/CHF formed a negative day reversal after the 1,2440 overshooting where it found good resistance. Only a daily closing tonight below 1,2375 will confirm a s/t top causing further weakness!!
The indicators of the daily chart are still well positive but those of the s/t ones turned below the line following the correction. Possible therefore further weakness suggesting an extension toward the 200 hours line at 1,2334. This drop is in our view a nice buying opportunity for a 1,25 overshooting!!
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