Analysis EUR CHF:
The EURCHF pair at a first glance shows a marked downward trend does not seem to show signs of reversal. For the short term are expected another drop in the price that will lead to levels close to 1.2318, a value which is a resistance. This is easily seen in the bearish channel by which the price moves.
This channel does not present evidence that will be broken in the short term and longer term is nine months. Another point to be analyzed are the moving averages for the moment do not show a sell signal (ie the average of 12 cross over to top of 5) but, as an indicator that is not surprising that delays decrease before the pair this happens.
The level of RSI is at 59.49 a medium that offers great information. For the next week is recommended to monitor the pair to find the right time for the sale and closing of positions to be given in a setting close to the 1.2318 support.
