Wednesday, February 5, 2014

Will EUR/CHF Bounce Off 1.2200 Again?

The EUR/CHF has shed nearly 200 pips over the last two weeks as traders rushed to the perceived safety of the Swiss franc over the more 'risky' euro. Looking to the daily chart (below), the pair is now testing the bottom of the 1.2200 – 1.2400 range that has contained



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