By FXEmpire.com
EUR/CHF rose for the session on Wednesday as the word got out that there was a press conference scheduled for the Swiss National Bank. A lot of traders will have speculated that they were about to announce a higher peg to the Euro, but the truth was that it was simply a chance to name Mr. Jordan as the new leader. Because of this spike, we now see a shooting star for the day, and think that we are still in the same situation as we have been for so long: Buying is the only way to go, and collecting profits after small gains is the only way to leave.
EUR/CHF Forecast April 19, 2012, Technical Analysis
Originally posted here
