| This revisit of EUR/CHF notes that the euro is near a potential interim top. It's trading now near the intraday high of CHF1.5406, and so is crowding long-term target resistance at CHF1.5430 resistance. Intraday longs should be stopped now at CHF1.5370. A decisive move above CHF1.5430 would be going for initial resistance in the CHF1.5456-CHF1.5463 band. If trades are stopped below CHF1.5370 expect a dip to CHF1.5337. |
Friday, March 13, 2009
This revisit of EUR/CHF
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