EUR/USD, pulled back by the eur/chf!?
1.1220 supported the pair over the Asian sesion and the pair pushed strongly up this morning, braking the 38.2 fibo retracement from the ‘QE decision fall’. I cant find the resistance at that level and possible reason could be 300 pips up/down move on the EUR/CHFpair!? At this moment, technicaly it’s not clear to me to see the next possible move? After the ‘Greek election move’ down, the pair find temporary bottom at 1.1110 for the secon time and trying to recover from the previous QE loss!