Stops hit through 1.2275 and we’re down to 1.2262.
Looks like we’re getting the break lower that had looked like coming.
EUR/CHF daily chart 04 12 2013
There’s not much in the way of support and I’ve redrawn my March support line through Sep now so we could see some support towards 1.2245/50. Below there it’s the Jun & Sep lows at 1.2214/17.
Look for 1.228 to become minor resistance on a move back up.
Swiss pairs getting in the neck all round with USD/CHF also falling to yesterdays lows and into bids still seen at 0.9020/25. Low so far 0.9022.
