Tuesday, October 29, 2013

EUR/CHF Daily Outlook

EUR/CHF's rebound from 1.2281 extends higher today and focus is now on 1.2375 resistance. Break will extend the rebound from 1.2213 and have a test on 1.2414 resistance. Break there will confirm underlying near term momentum and should send the cross through 1.2465 resistance. On the downside, below 1.2281 will target a test on 1.2213 support.



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