Do not miss the swiss

April 23, 2014 by


EUR/CHF has broken a strong uptrend after some bad data which has affected on the downside, but its not all bad. Now it has broken the recently strong support of the 55 EMA, I suspect a down trend to form and there is still time to get in on this trade. A pullback to the 55 would be a great place to sell due to the fact as you can see it has a serious amount of pips to fall. Even a potential retrace back to the 23.6 fib would be a strong place to sell.