EUR/CHF Daily Outlook

by Action Insight (All Reports) on June 3, 2010

EUR/CHF recovers mildly ahead of 1.4109 support but after all, outlook remains unchanged. With 1.4312 resistance intact, another fall would still be seen in EUR/CHF. However, considering risk of another round of SNB intervention, we'd expect strong support above 1.4 psychological level to contain down side and bring rebound. On