The EUR / CHF did yesterday on a decline of 1.2080 resistance.
The course continues to evolve within its long-term bearish channel (black lines on the graph).
The indicators are broadly bearish.
We maintain to trade only during the short positions will be located below 1.21.
An extension of the course under 1.2080 will strengthen our bearish sentiment on parity.
One out of 1.2050 will then offer a new sell signal for an extension of the downward trend to1.20.
In case of return of more than 1.21 above a break, then we expect the increase of 1.2120to advise incoming / not treat more long positions in parity.
The course continues to evolve within its long-term bearish channel (black lines on the graph).
The indicators are broadly bearish.
We maintain to trade only during the short positions will be located below 1.21.
An extension of the course under 1.2080 will strengthen our bearish sentiment on parity.
One out of 1.2050 will then offer a new sell signal for an extension of the downward trend to1.20.
In case of return of more than 1.21 above a break, then we expect the increase of 1.2120to advise incoming / not treat more long positions in parity.
