Tuesday 11 September 2012

EUR/CHF Has Bullish Risks -Barclays


Bullish risks for EUR/CHF says Barclays. as long as the cross stays above its 200DMA at 1.2055. The bank expects to see gains toward 1.2138-48 and then 1.22 in this scenario. Now at 1.2076 from a 1.2061 low; Barclays says only movement below 1.2045 would suggest the SNB's 1.20 floor would again be pressured.

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