Due to fear growing with regards to Deutsche bank, it appears investors have switched to a risk off mode, pulling money out of commodities and into safe haven currencies like the yen and the Swiss franc.
reluctantly, should this risk off mode continue, eurchf would be a nice pair to trade.
We saw a massive fall on Thursday, price has halted around the 1.08358 area.
since this is the weekly support, I would rather see price move up to the hourly 21 ma before considering entry, alternatively, I will wait for a definite break of this area, and wait for a retest of role reversal Resistance.



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