On the daily chart, EUR / CHF form a descending triangle pattern that emerged since January with a strong support at 1.2135. This give us a bearish bias signal.
Now we combine daily chart with ichimoku indicator, as we see in chart we can draw a mid term support at 1.2200.
The thick cloud in may give us signal that price is not easy to break down, and we have strong suppor at 1.2135. I predict that the price will move in range 1.2135 - 1.2258 with mid support at 1.2200. price may consolidate in that range for may. in my opinion price will stay in range 1.2200 - 1.2258 after fall to break resistance


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