Monday, 17 September 2012

Barclays Looks For EUR/CHF Above 1.22


Barclays looks for EUR/CHF above 1.22 as the lack of a close under its 200-DMA at 1.2054 is an encouraging sign for further gains. EUR/CHF now trades at 1.2177, from the day's fresh eight-month high of 1.2184. The bank has targets of 1.22, 1.2225 and 1.2275, with support at 1.2105 expected to hold firm.

Share/Bookmark Find us on Google+

No comments:

Post a Comment