20090704 - EURPLN, CHFPLN

Both currencies are quite interesting. The EURPLN has fallen quite dynamically:



The CHFPLN chart is alike:



Daily sell signal has been generated. The daily trend has been clearly broken and the weekly downtrend is still intact.
That gives us quite strong bearish setup and we shall expect continuation of fall as per momentum basics.

However, keep in mind the currencies can be very surprising and after last period of stagnation I would personally wait (subjective opinion) for confirmed breakout of last important low (4.20 for EURPLN, 2.78 for CHFPLN) before entering any trades.