05-20-2010, 07:25 AM
|
|
Superior Investor
|
|
Join Date: Sep 2008
Posts: 11,435
|
|
EUR/CHF Daily Outlook
EUR/CHF jumped to as high as 1.4307 on SNB intervention before turning sideway. At this point, intraday bias remains on the upside as long as 1.4216 minor support holds and further rally is in favor to 1.4333 resistance and above. However, note that we'd continue to anticipate strong resistance between 1.4333/4465 to limit upside. On the downside, below 1.4216 minor will suggest that buying pressure has eased temporarily and turn bias neutral.
Read Full Out-Look by Action Forex |
Linear Mode
