EUR/CHF Daily Outlook

Jul 20 2010

EUR/CHF's rebound from 1.3072 is still in progress and might extend further. But we'd continue to expect upside to be limited by 1.3733 resistance and bring fall resumption eventually. Break of 1.3434 support will flip intraday bias back to the downside for 1.3072 and break there will target 1.3 psychological level next.