EUR/CHF Signal- December 18, 2012



Currency: EUR/CHF
Trend Expected Direction: Up
Method: Ichimoku, Technical Analysis
Description: I believe the EUR/CHF pair formed a bottom around the 1.2070-1.2075 zone and getting ready for another bullish march. Breaking above 1.2090 should accelerate the pair’s ascend.
Recommendation: Long
Target Area: 1.2125 & 1.2145
Stop-Loss: 1.2060

EURCHF SIgnal 121812

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