20090307 - EURPLN, CHFPLN

It's hard to say anything about EURPLN:

eurpln_20090307

The long-term uptrend has not been broken yet, however there are few fundamental reasons suggesting that (i.e.: polish government currency  intervention, closing positions by Goldman Sachs).
Not much we can say right now, but more aggressive traders might move their stop loss to ca.4.53 level.

The trend on CHFPLN chart still looks intact:

chfpln_20090307

No new signals have been generated and uptrend still looks strong.

Generally speaking, there are reasons to believe the PLN won't be weaken further. Nevertheless, we shall wait for proper market action before we alter our positions.

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