Tuesday, December 27, 2011

Forex: EUR/CHF falls to one.2200 level

Forex: EUR/CHF falls to one.2200 level

As the yank session opens, a declining EUR/CHF hovers the one.2200 psychological level when falling throughout the ecu morning since weak Swiss consumption knowledge released on the gap.

From a spike to one.2246 as Switzerland knowledge got released, the try has already lost forty five pips to one.2201 low. Pressure continues to be on the draw back.

On the upside, resistance is also found at one.2230 (yesterday’s high), and at that time, at 1.2246 (daily high). Support for the EUR/CHF is at one.2200 psychological level.

Forex

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