By FXEmpire.com
The EUR/CHF pair continues to be an interesting place to trade. The move is basically sideways, but we have seen massive and strange spikes from time to time, making this market a bit risky for sellers. Adding to this is the fact that the Swiss National Bank is defending the 1.20 level in this pair, and the selling of this market can’t be done because of proximity. With this in mind, we can only buy for short-term gains. The pair does pay a positive swap, so if you are willing to allocate a small position to gain the “dividend”, this can be a profitable trade as well.
Click here for further EUR/CHF Forecast.
Originally posted here
