Forex: EUR/CHF orbiting around 1.2100
Forex pairs in this Article »
EUR/CHF
FXstreet.com (Barcelona) - The pair is trading in a narrow range between 1.2110 and 1.2090 on Thursday, in a context dominated by investors' preference for safe havens.
Mixed data in the Alpine economy have not echoed in the cross so far, as the KOF indicator retreated to 1.28 in December from 1.50 and the SVME-PMI improved to 49.5 from 48.5 in the same period.
At the moment, EURCHF is losing 0.04% at 1.2097 with the next support lying at 1.2058 (Lower Bollinger) ahead of 1.2051 (low Dec.7) and then 1.2030 (low Nov.28).
On the upside, a break above 1.2102 (high Dec.9) would aim to 1.2108 (Upper Bollinger) and 1.2129 (high Dec.6).
Mixed data in the Alpine economy have not echoed in the cross so far, as the KOF indicator retreated to 1.28 in December from 1.50 and the SVME-PMI improved to 49.5 from 48.5 in the same period.
At the moment, EURCHF is losing 0.04% at 1.2097 with the next support lying at 1.2058 (Lower Bollinger) ahead of 1.2051 (low Dec.7) and then 1.2030 (low Nov.28).
On the upside, a break above 1.2102 (high Dec.9) would aim to 1.2108 (Upper Bollinger) and 1.2129 (high Dec.6).
Free Annual Reports
