Two year low at 1.5400 in early 2006, may be support for current downtrend.
eur.chf down to 1.5350 in overnight in volatile market
so far in the last 15 hours or so that support has shown as a new resistance at around 1.5410 or so. Will it continue down?
The EurChf rebounded from the 1.500 support and could hit the resistance at 1.5100.
i would recommend paying close attention to this rebound, as the pair was trading at its lowest levels of the month.
Right now, the pair is trading at 1.5072...
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