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Dec 10 - 04:55 AM

EUR/CHF - Door To All-Time EUR/CHF Low Is Wide Open

By Jeremy Boulton  —  Dec 10 - 03:10 AM
  • EUR/CHF 0.9267-72 EBS on Dec 10 and below 0.9330 since Nov 25

  • The limit for a correction of 0.8500-1.2005 rise is 0.9250

  • Sustained decline under 0.9250 should see pair return to 0.8500

  • Base 20-month Bollinger at 0.9202 will allow for deeper drop

  • Speculators are betting franc drops nL1N3NA057

  • Swiss franc may be on cusp of significant rise nL1N3MQ091

  • SNB intervention is having less impact on franc nL2N3N7064

Source:
London Stock Exchange Group | Thomson Reuters

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