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EUR/CHF Losing Altitude

EUR/CHF decreased after a little today, but looks undecided at this moment. The bulls seem exhausted and could lose significant territory in the upcoming days. I’ve said in the previous report that a rejection from the WL5 and from the upper median line (uml) will send the rate tumbling. A minor drop is expected if will really fail to close on the mentioned resistance levels.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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