posted by
FXTimes
256 days ago
in EUR, CHF, Technical
made popular 256 days ago
The 1.20 floor: If the EUR/CHF chart in was an EKG, it shows a flat-lined market who periodically gets a jolt. Looking at the daily chart, we see that the EUR/CHF has been mainly stuck at 1.20, the SNB’s “floor” for this pair (Swiss National Bank president Thomas Jordan had vowed to keep defending this level and not letting the Swiss Franc...