By FX Empire.com
EUR/CHF rose, and then fell during the session on Thursday. The pair tried to rally with the little bit of relief that we had in the Euro in general, but failed. The Swiss are waiting to intervene below the 1.20 level, so this pair is hard to short. Knowing this, the fact that it still pulled back at the end of the session shows just how weak the Euro could be in general. We would like to buy this pair someday, but only after the situation in Europe is under control.
Originally posted here
