EURCHF is still stuck in a range of 1.2200-1.2250
Barrier ( multiples) still in place at 1.2200 and offers stretching up through 1.2270-80 to 1.2300 still.
Buy low sell high
Shiimmmmples !
USDCHF has had more of a move this morning benefitting from the taper-led greenback buying but has run into sell interest at 0.8920
More offers seen at 0.8930, 0.8950, 0.8970 and 0.9000 with bids at 0.8880, and 0.8870 then 0.8850-40.
I stand by my view that CHF will continue to appreciate overall over the coming period even if USDCHF does have a taper-inspired rally.
