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Tuesday, 29 March 2016

EURCHF Technical Analysis: 29 March 2016, Tuesday, 12.40am Singapore Time

EURCHF Technical Analysis: 
29 March 2016, Tuesday, 12.40am Singapore Time

Attached above is the technical analysis of EURCHF. Euro will be very weak vis-a-vis the Swiss Francs. 

Fundamentally, the Eurozone economy (as an aggregate) is doing worse off than the Swiss economy and will be expected to continue doing so. This will further weigh down EURCHF. Technically, the market is giving many chances to short EURCHF as illustrated above, and I am adding shorts on EURCHF today.


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