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EUR/CHF Spikes Again

posted by Avatar FXTimes 322 days ago in EUR, CHF, Technical made popular 322 days ago

The EUR/CHF has been under a sedated slumber, waking up briefly to go to the bathroom before coming back to lie near the 1.20 floor defended by the Swiss National Bank (SNB). In the 4H chart the spike looks very sharp, but only relative to the 10-pip or so range the market has been in throughout June. In fact the “spike” is 25 pips or so...
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