Wed, 10 Sep 2014 07:53:11 GMT
EUR/CHF 4H Chart: Channel Down
Since the pair reached the 1.2178 mark at the end of July it has been on a constant down-trend, meanwhile forming a bearish channel. Now EUR/CHF is nearing the upper boundary of the down-trend; therefore, the 100-period SMA at 1.2079 is likely to be tested. However, the technical studies are mixed and none of them are sending clear signals. At