# EUR/CHF Testing Long-Term Support (December 10, 2013) Source: https://www.tradersway.com/resources/market-info/eur-chf-testing-long-term-support-december-10-2013/ Language: en Updated: 2013-12-10 Description: Explore EUR/CHF Testing Long-Term Support (December 10, 2013). EUR/. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. EUR/CHF has been selling off very aggressively but the pair might be due for a strong bounce soon, as it is currently testing a long-term bottom around the 1.2200 major psychological level. Take note that this is 200 pips away from the SNB’s floor, which was implemented a few years back. Fears of intervention could trigger a sudden bounce, which might take EUR/CHF back to its recent highs around 1.2350. ![EUR/CHF Testing Long-Term Support (December 10, 2013)] At the same time, stochastic is indicating oversold conditions and the oscillator seems ready to make its way up. Going long at market with a 100-pip stop and a target of 1.2350 could be a 1.5-to-1 return on risk. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/eur-chf-testing-long-term-support-december-10-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/eur-chf-testing-long-term-support-december-10-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/eur-chf-testing-long-term-support-december-10-2013/", "headline": "EUR/CHF Testing Long-Term Support (December 10, 2013)", "inLanguage": "en", "datePublished": "2013-12-10T14:04:57+00:00", "dateModified": "2013-12-10T14:04:57+00:00", "articleSection": "Market Info", "description": "Explore EUR/CHF Testing Long-Term Support (December 10, 2013). EUR/. 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