EUR/CHF Mid-Day Outlook

by Action Insight (All Reports) on July 29, 2010

EUR/CHF's break of 1.3629 minor support indicates that whole rebound from 1.3072 is possibly completed after hitting mentioned 1.3733/4039 resistance zone. Intraday bias is flipped back to the downside for 1.3341 support. Break will confirm this bearish case and target a retest on 1.3072 low. On the upside, in case