Tuesday, May 19, 2009

Commerzbank holds a positive forecast for the euro / franc

The pair euro / franc is now above support at 1.5090. While this support has no holes, Commerzbank analysts have a positive prognosis for the pair. However, consider a bank to confirm the minimum correction to 1.5015, it is necessary that the euro / franc rose above 1.5175 marks. In this case the couple would continue to move towards 1.5230-80 area and then to the recent high at 1.5345. At this time, a pair of euro / franc traded at 1.5141.

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