It was a great bounce out of 1.2400 for EUR/CHF which culminated in a peak of 1.2888 today.But now that the protests are intensifying across the Mid East again and European sovereign debt concerns are back in focus, EUR/CHF has slumped back from recent highs to the present 1.2820 area.
1.2800 is minor support on pullbacks with more meaningful support down at 1.2680.
