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Author Topic: EUR/CHF Mid-Day Outlook  (Read 4167 times)
Hemant
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« on: February 22, 2011, 05:11:11 pm »

EUR/CHF Mid-Day Outlook

EUR/CHF drops to as low as 1.2791 so far today and intraday bias remains on the downside for 1.2779 support and then 61.8% retracement of 1.2401 to 1.3203 at 1.2707.  On the upside, above 1.2990 minor resistance will turn bias neutral and bring recovery. But upside should be limited below 1.3203 high and bring fall resumption.<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/8ZOb_ZIb6XI" height="1" width="1"/>

Source: EUR/CHF Mid-Day Outlook
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