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EUR/CHF Forecast May 28, 2012, Technical Analysis

posted by Avatar FXEmpire 363 days ago in EUR, CHF, Technical

The EUR/CHF pair had another spike during the Friday session, only to fall back to the previous consolidation levels. The Swiss National Bank has implemented a “floor” of 1.20 in this market, and as a result we know that selling simply isn’t possible at this point. Without a doubt, if the market falls below that level, there will be massive interve
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