The EUR / CHF has validated a statement Friday from its downtrend channel long-term(black lines on the graph).
Indicators remain generally bearish.
We maintain to trade only during the short positions will be located at 1.2080.
A declaration under 1.2060 will strengthen our bearish sentiment on the current parity.
One out of 1.2040 will then offer a new sell signal for an extension of the downtrendtowards 1.2020 / 1.2000 or lower if these levels are down.
In case of return of the course above 1.2080, then we will wait for a break upward from 1.21 to advise incoming / not treat more long positions in parity.
Indicators remain generally bearish.
We maintain to trade only during the short positions will be located at 1.2080.
A declaration under 1.2060 will strengthen our bearish sentiment on the current parity.
One out of 1.2040 will then offer a new sell signal for an extension of the downtrendtowards 1.2020 / 1.2000 or lower if these levels are down.
In case of return of the course above 1.2080, then we will wait for a break upward from 1.21 to advise incoming / not treat more long positions in parity.