Thursday, December 26, 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 55 days EMA (now at 1.2280) will target near term trend line resistance at 1.2320. On the downside, below 1.2233 minor support will



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