EUR/CHF Signal May 28, 2012

Alp Kocak

Currency: EUR/CHF
Trend Expected Direction: UP
Method: Ichimoku, Technical Analysis
Description: EUR/CHF trading range has been very tight lately. The Swiss National Bank has been defending (and will continue to defend) its minimum exchange rate (1.20 level). Recently we see that the pair is being prepared for a big move and we may see it soon.
Recommendation: Long
Target Area: 1.2070
Stop-Loss: 1.1980

EURCHF Signal 52812

Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

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