FX.co - EUR/CHF Bullish Outlook, March 16, 2011 (Daily Strategy)

2011-03-16T13:56:41

Long-term review

EUR/CHF Bullish Outlook, March 16, 2011 (Daily Strategy)

EUR/CHF

The Euro - Swiss Franc pair has stabilized in the range of 1.2730 and 1.3040. believe that the pair could return to touch the line of the 61.8% Fibonacci retracement, around the 1.2730 level.

or we can wait a daily close above 1.2830 for a long position. with a goal of take profit around the 1.3150 level.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

FX.co ★ EUR/CHF Bullish Outlook, March 16, 2011 (Daily Strategy)

Forex Analysis

EUR/CHF Bullish Outlook, March 16, 2011 (Daily Strategy)