Wednesday, December 25, 2013

EUR/CHF Daily Outlook

As noted before, a short term bottom is formed in EUR/CHF at 1.2165. With 1.2226 minor support intact, further rise is expected in the cross. Break of k of 55 days EMA (now at 1.2282) will target near term trend line resistance at 1.2320. On the downside, below 1.2226 minor



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