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FX.co ★ EUR/CHF Bullish Outlook, June 02, 2011 (Daily Strategy)

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Forex Analysis:::2011-06-02T06:41:25

EUR/CHF Bullish Outlook, June 02, 2011 (Daily Strategy)

EUR/CHF Bullish Outlook, June 02, 2011 (Daily Strategy)

EUR/CHF

After a prolonged downwards trend, the Euro - Swiss Franc pair has stabilized around of 1.2060, technically it could provide a bounce upward and the possibility of a change in short-term trend.

Our perspective will be bullish only if the price is above the first weekly support around the 1,2026 level. It is possible to enter a buy deal already at the present price levels, with a partial objective around 1.2400 and a final goal to the level of 1.2600.

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