- #3,568
- Mar 14, 2012 7:11am Mar 14, 2012 7:11am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
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DislikedI'm sorry but I have to disgree once again.
A successful defence of 1.2000 shows that the SNB could in theory defend a higher floor.
But I don't want a higher floor, I want the EUR to gain against the Franc on it's own accord. It would also be nice if the pair could detach itself from the USD/CHF. This could confirm some EUR strength.
If this rally keeps going, we are going to see some heavy CHF selling, if we're not seeing it now. We're now at the first big resistance zone by 1.2115-1.2130Ignored