Monday, July 28, 2014

EUR/CHF Daily Outlook

Intraday bias in EUR/CHF remains neutral for the moment as consolidation from 1.2133 continues. With 1.2177 resistance intact, near term outlook stays mildly bearish and another fall is still expected. Below 1.2133 will target 1.2103 low and below. Again, in that case, we'd expect strong support below 1.21 to contain



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