20091010 - EURPLN, CHFPLN

The previous weeks were quite interesting. Both currencies have generated daily buy signal.

The EURPLN has broken outside area 4.00-4.20:

eurpln_20091010

The CHFPLN is near the important level of 2.80:

chfpln_20091010

Obviously, we cannot say the primary downtrend has been broken. Nevertheless, there is place for quite strong swing; we might want to note the Fibonacci levels, but it's only guessing game.

Note:
Charts are from Monday, 12th October, due to timing issues.

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