By FXEmpire.com
The EUR/CHF pair is a manipulated market as the Swiss National Bank has put a “floor” in this market at the 1.20 handle. The selling of this pair is off limits at this point as the central bank will certainly look to intervene on a break below the level. The buying of this market is difficult as well though, as the Euro is a currency that simply isn’t wanted at this point. As a result, this is a pair that is tough to trade, although there is a positive swap for buying with some brokers. Beyond that – we see no reason to bother with this pair.
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Originally posted here
