EUR/CHF Mid-Day Outlook

EUR/CHF Mid-Day Outlook

EUR/CHF drops further to as low as 1.2901 so far today. As noted before, rebound from 1.2401 has likely finished at 1.3203 on divergence condition in 4 hours MACD. Further fall should be seen through 38.2% retracement of 1.2401 to 1.3203 at 1.2897 towards 1.2779 support first. On the upside,<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/ITXCcSZxa44" height="1" width="1"/>

Source: EUR/CHF Mid-Day Outlook