20081018 - EURPLN, CHFPLN

The EURPLN is still below monthly high (3.6730):



The chart is messy and few trend lines were broken in the past, without change in trend, thus I don't rely on them. We are still below monthly high and that still gives us sell in long-term (but buy in medium-term). The intraday chart (1 hour, thanks to ChartStation) shows us quite big volatility in last week:



The CHFPLN is now in uptrend (price has taken monthly high of 2.3009):



However, price did not cross Fibo 38.2% yet. The intraday chart also looks quite choppy:



Overall situation is not clear. Currency market are quite volatile now (what can be seen in intraday charts), but not much really changed since last week (this post).

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