EUR/CHF Tests Support After Break Higher

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EUR/CHF Tests Support After Break Higher

By Greg Michalowski on September 30, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

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The 1.5171 to 1,.5176 level is support in the EURCHF> The 1.5171 is the 100 day MA support. The 1.5176 is the 38.2% retracement of the move higher today. On the topside, the 1.5230 level was the high from September 17th. The high reached 1.5239. I would expect sellers on a break higher against the 1.5300 level. A break above should not be ignored.

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