EURCHF

Looking for EURCHF to drop back into 1.2880 area to re-buy after last night's target hit.

EURCHF

Currently long EURCHF from 1.2955, looking to take profit at 1.2990 or stick with the pair for a longer term trade on ECB rate hike expectations.

chart

Are we on the verge of further declines? Or will we see a relief of tensions overseas and an upbeat mood at home sparking new highs into 2011?