By FX Empire.com
EUR/CHF rose again on Wednesday as traders continue to buy the Euro over the last 48 hours in the hope that a coordinated action could help with the banking issues in that area. The Swiss National Bank is working against a rising Franc, so there is only one direction we can go in this pair – and that’s to buy it. However, with the overall picture in Europe still very poor, we don’t like buying the Euro just yet. In the mean time, we are willing to pass on trades in this pair.
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