EUR/CHF: I’m always interested to hear what BarCap has to say..

On anything really.

Dow Jones reporting BarCaps’ thoughts on EUR/CHF. Maybe I should just try and get on their mailing list.

Bank notes EUR/CHF has bounced from daily cloud support and the channel base in the 1.2800/30 area. Rather than aggressive upmove they expect to see slow recovery back towards 1.3140 and 1.3200. See near-term trading likely between 1.2830-1.3040. They favour dip buying.

The cross is presently up at 1.2960 from early 1.2940.