Nevertheless, the EURPLN is still in long- and medium-term uptrend and the odds are 4.2 will be taken.
The CHFPLN has touched the Fibo 61.8% retracement level:
Situation is similar to the CHFPLN. As the long- and medium-term trend direction is north, the odds are the 2.82 will be taken.
The latest swings can be still called a correction. However, the currency market in the past year was everything but forecastable; we shall observe it continuously.
Good news for polish mortgages owners are that the lowered Swiss Frank interest rates (this post) should have already lowered the theirs payments.
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