EUR/CHF Forecast Dec. 1st, 2011, Technical Analysis

The EUR/CHF pair fell slightly in the early hours of the Wednesday session, but bounced towards the end. At the close, the pair showed almost no change, and continues to be very stagnant. The Swiss National Bank is defending the 1.20 level from being violated to the downside, and the 1.25 has been massive resistance in this pair. The market should continue to bounce in this area for the foreseeable future.

EUR/CHF Forecast Dec. 1st, 2011, Technical Analysis EUR/CHF Forecast Dec. 1st, 2011, Technical Analysis

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