19 Jan 2015
EUR/CHF offered below 1.0670 – Commerzbank
FXStreet (Edinburgh) - In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the stance for the cross remain bearish below 1.0670.
Key Quotes
“EUR/CHF massive sell off is now attempting to settle in the middle of a new range”.
“While capped 1.0670 (61.8% retracement) a negative bias will persist for a retest of the overnight low at .9715 charted 15th January”.
“Below here support lies .9307/40”.
Key Quotes
“EUR/CHF massive sell off is now attempting to settle in the middle of a new range”.
“While capped 1.0670 (61.8% retracement) a negative bias will persist for a retest of the overnight low at .9715 charted 15th January”.
“Below here support lies .9307/40”.