Just reading on Dow Jones, my favourite newswire
, that BarCap is looking to buy EUR/CHF on dips into 1.2040-1.2030 area, expecting a move back toward 1.2100.
They opine a break above 1.2140 suggests a more significant rally is underway.
So there we have it; levels of interest 1.2000 (obviously) and 1.2140.
Bob’s your uncle, Sally’s your aunt.
Cross sits at 1.2052 presently.
