EUR/CHF Forecast Nov. 15th, 2011, Technical Analysis

The EUR/CHF pair fell slightly during the session on Monday as the Euro got sold off in general. The pair has a floor underneath it as the Swiss National Bank is working against the strength of the Franc. The pair continues to struggle to get above the 1.25 level though. Once it does – we will buy and hold for the long term. Until then, we are sitting still as selling cannot be done until the SNB backs off.

EUR/CHF Forecast Nov. 15th, 2011, Technical Analysis

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