EUR/CHF:Fresh record lows below 1.3000 have once again left daily studies oversold and in need of some major corrective relief. Any additional setbacks are seen limited, and the risks from here are for a more significant jump back towards previous support now turned resistance by 1.3340. We will be looking for opportunities to buy into dips.
Written by Joel Kruger, Technical Currency Strategist for DailyFX.com If you wish to receive Joel's reports in a more timely fashion, e-mail jskruger@fxcm.com and you will be added to the "distribution" list. If you wish to discuss this topic or any other feel free to visit our Forum page
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