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EUR/CHF – Is this Spike Different?

posted by Avatar 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...
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