Saturday, December 13, 2014

EUR/CHF Weekly Outlook

EUR/CHF dropped sharply last week and broke 1.2008 to as low as 1.2006. Initial bias is mildly on the downside this week. But again, we'd expect strong support from SNB's 1.2 floor to contain downside. Meanwhile, above 1.2045 might bring stronger rebound. But even if SNB intervenes, we'd need sustained



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