By FXEmpire.com
The EUR/CHF pair has been one of the most predictable pairs to trade over the last several months, as the Swiss National Bank has implemented a “floor” in this pair at the 1.20 level. The level will continue to be a bottom for the market as the entire world knows that the SNB will intervene if we fall below it. With this in mind, we cannot advocate selling this pair under any circumstance at this moment, and will only buy. In fact, we think buying at current levels is acceptable, but the upside is probably limited to about 30 pips or so.
EUR/CHF Forecast March 27, 2012, Technical Analysis
Originally posted here
