By FXEmpire.com

The EUR/CHF pair fell again this week, but still sits above the all-important 1.20 level. This pair is simply far too flat to trade long-term with any kind of conviction. The only trade that we can see is short-term, unless of course a trader is willing to buy this pair and simply wait for either a positive move, or the Swiss National Bank intervenes. As such – this pair is one of our least favorite long-term pairs to trade. The Swiss seems to be holding the market up so far, and it seems that the market will sit still for some time.

EUR/CHF Forecast for the Week of April 2, 2012, Technical Analysis

EUR/CHF Forecast for the Week of April 2, 2012, Technical Analysis

Originally posted here