20091212 - EURPLN, CHFPLN

The EURPLN is showing further bearish signs:

In my opinion, the primary sell signal has not been generated yet and we should wait for confirmed breakout of 4 PLN for 1 EUR.

Also, there is not confirmation on CHFPLN chart; the CHFPLN is still above the important level of 2.65:

Nevertheless, we have to remember, that both currencies are in primary downtrend and further drop is likely.