Monday, June 23, 2014

EUR/CHF Daily Outlook

No change in EUR/CHF's outlook. With 1.2191 resistance intact, deeper decline is expected for 1.2140 support first. Break will target 1.2103 low and below. We'd expect strong support below 1.21 handle to contain downside and bring rebound. On the upside, above 1.2191 resistance will turn bias back to the upside



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