Friday, September 27, 2013

EUR/CHF Daily Outlook

EUR/CHF's fall extends to as low as 1.2260 so far today and took out 1.2266 support. Further fall is still expected as long as 1.2310 minor resistance holds, towards 1.2218. Break will pave the way back to 1.21 and below. On the upside, though, above 1.2310 will indicate short term bottoming and bring stronger recovery.



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