FX Trends daily (FOCUS: EUR/CHF)

EUR/CHF

The EUR/CHF has sharply bounced in the recent sessions and has cleared a resistance at 1.2187 (September top). In this context, the current trend should extend upon break above 1.2235 toward 1.2292 then 1.2362. The long term resistance lies at 1.2475 (October 2011 high pivot). Supports stand at 1.2188 and 1.32157. Buy – Stoploss @ 1.2156 – Target @ 1.2361

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