The EUR/CHF still looks weak, as it fell hard today. The pair seems intent on testing the 1.23 level, which has served as all-time lows for a couple attempts at a breakdown. The pair shouldn’t be bought, although there will certainly be people willing to step in at the lows. But history shows us that this is a great way to lose money. Follow the trend – sell the rallies, or a new low.
Originally posted here
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