In today's trading with EUR / CHF is experiencing strong downward pressure . This is probably due to the possible closure of the U.S. government , as well as political problems in Italy.
Quotes EUR / CHF held close to the mark , 1.20; SNB " stands guard "
In today's trading position of EUR / CHF have significantly deteriorated . Against the backdrop of political tension in Italy, and because of the possible dissolution of the U.S. government's popular "safe" currency has greatly increased . As a result , the demand for " Swiss " is also increased. Also became a shadow of uncertainty over the euro zone and soar with the recent performance of one of the members of the ECB Executive Board .
The technical outlook for the pair EUR / CHF
Quotes EUR / CHF held below the 200-day moving average at ekspontsialnoy 1.2287 . In the case of the close of trading below this point downward pressure on the pair strengthens. According to one analyst Commerzbank, Karen Jones, "the course EUR / CHF fell below 1.2305 (200-day simple moving average ) and remains under pressure. After the breakdown of the mark now the pair tested the uptrend line 2013 ( 1.2250 ) . Specified mark to stop the downward spiral. Might follow growth. In this 55 - week moving average is at 1.2245 . "
