Wednesday, August 17, 2011

Intraday EUR/CHF 17.8.2011

Intraday EUR/CHF: the pair has rebounded on its new support and should post further advance as the RSI is well directed. Suggests long positions above 1.1360, with targets at 1.1550 and 1.1670 in extension. Below 1.1360 look for further downside, with 1.1240 and 1.1145 as targets.

Weekly chart EUR/CHF trend: Bearish

No comments:

Post a Comment