Trade
Follow Us

Resources

EUR/CHF Classical 09.07

By Joel Kruger, Technical Strategist
07 September 2010 06:15 GMT

EURCHF_Classical_body_eurchf2.png, EUR/CHF Classical 09.07

EUR/CHF:Fresh record lows below 1.2900 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 or any other topic feel free to visit our Forum Page.

If you wish to discuss this topic or any other feel free to visit our Forum page

DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.

07 September 2010 06:15 GMT