EUR/CHF Remains Bearish

June 1, 20110

This daily chart of the
EUR/CHF
shows a series of lower highs and lower lows which defines a downtrend. This pair just printed an all-time low within the last week, so any moves up should be considered selling opportunities instead of the beginning of a trend change. I would maintain a bearish bias as long as the pair remains below the December 8th high of 1.31037.


Leave a Reply

Your email address will not be published.