25th Jan - EUR/CHF Springs to Life
25 January 2013
WEEKLY CHART:
Resistance had previously come from an old 1.2400 low. Focus has now turned on the long term 1.2665 38.2% recovery level.
DAILY CHART:
This cross had been hugging the SNB floor of 1.2000 but last year’s signs of a recovery attempt have now been followed by a surge higher and retest of an old 76.4% resistance level.
S/term resistance has emerged around here but a push through this would call for higher targets.
Next story:
25th January - Vulnerable Sterling, sell a break of 1.5670 
Previous story:
25th Jan - Sugar’s Long Term 76.4% Support Under Pressure