FX & CFD trading involves significant risk
The rate stretches to $1.4015 but move is as much about the lack of liquidity in euro-Swiss as anything else. The pair should find resistance here at the 200-DMA and also at the $1.4020 area of the earlier bounce high. $1.3950 low of July 13 is a key pivotal level. Break below seen exposing stops and stop entries as funds race to set fresh euro shorts.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.