EUR/CHF – Making new highs

EUR/CHF has shown signs of strength since 5 September 2012, which increases the likelihood of further medium-term strength. The break of the resistance at 1.2185 (17/09/2012 high) opens the way for a move towards the strong resistance at 1.2474 (19/10/2011 high). The SNB has put a floor at 1.2000…

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EUR/CHF – Making new highs