Wednesday, July 30, 2014

EUR/CHF Daily Outlook

The breach of 1.2177 minor resistance finally suggests that the choppy decline from 1.2249 has completed at 1.2133 already. Intraday bias is turned back to the upside and stronger rise should be seen back towards 1.2249 resistance. At this point, we're not seeing any reason for a break out yet.



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