Sunday, January 16, 2011

Adobe Digital How Much

EUR / CHF: Testing the media being

In this holiday in the U.S., can not be certain that the meeting will be quiet ... I have a few minutes to present my views on EUR / CHF.




The situation is bullish in daily, but beware of candlesticks: for now it appears that a top has been reached. The pivot of the day is at 1.2900, so we are here for now, while Friday's meeting showed that the market had reached a point of uncertainty (to qualify for day long weekend) .
First day at 1.2950 resistance, second very important to CHF 1.3000.

Support 1.2845-1.2850: a break would be a sell signal, with a target return in the zone of 1.2800, the second intraday support. Continued downward then possible to CHF 1.2765.

Forgive me for the brevity of my post, but time is running out!
Good trades!

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