Saturday, October 4, 2014

EUR/CHF Weekly Outlook

EUR/CHF recovers strongly last week but stays below 1.2133 resistance. Initial bias is neutral this week first. Consolidation from 1.2044 might extend and could be followed by another fall. But after all, we'd expect strong support from SNB's 1.2 floor to contain downside and bring rebound. Though, break of 1.2133



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