The EUR/CHF continued its relentless march south on Friday, as traders ran for cover after a bad GDP number out of the USA. The pair is a safe haven, and as such – this pair gets sold in bad times. The Euro has its own problems as well, so it is likely to continue selling off. The pair is a sell on rallies, and we would like to see a bounce towards 1.15 to get short again.
FXEmpire.com:
FX Empire is firmly dedicated to strengthening our readers’ knowledge of the minute-to-minute happenings in the Forex market. Delivering daily and weekly technical analyses, fundamental analyses and news, alongside our expert broker reviews, our readers are always in the know.
Forex technical analyses, fundamental analyses, news and broker reviews can be found at FXEmpire.com.
