Comments on: EUR crosses recover all of previous day’s losses https://fxww.com/eur-crosses-recover-all-of-previous-days-losses/ The Professional Source Tue, 05 Feb 2013 21:19:43 +0000 hourly 1 By: Sean Lee https://fxww.com/eur-crosses-recover-all-of-previous-days-losses/#comment-15715 Tue, 05 Feb 2013 21:19:43 +0000 http://fxww.dreamhosters.com/?p=5227#comment-15715 Agree Panos, USD/CHF certainly looking tricky. If EUR/USD retests 137 and EUR/CHF retests 12260 then the Swissy will be at 8950? Certainly possible one would have to think? I’m still small long but well out of the money, I’ve held back buying more exactly because of these uncertainties. The longer it hangs around 9100, the more likely we are to see lower levels in s/t imho

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By: Panos Kouzinos https://fxww.com/eur-crosses-recover-all-of-previous-days-losses/#comment-15713 Tue, 05 Feb 2013 20:59:41 +0000 http://fxww.dreamhosters.com/?p=5227#comment-15713 Hi Sean, i’m kind of puzzled with USD/CHF at the moment. Although it has reached the level (0.9065/75) i am looking to start building small positions, it looks like it’s negative correlation with EUR/USD has been reinstated. So, should i be looking at EUR/CHF as a leading indicator or wait for EUR/USD to start forming a top, apparently for another 200-300 pips higher ?

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