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EUR/CHF Technical Analysis September 14, 2011

By:
Christopher Lewis
Updated: Jan 1, 2011, 00:00 GMT+00:00

EUR/CHF continues to sit still just above the Swiss National Bank’s mandated price of 1.20 on Tuesday. This pair is going to be dead money unless there is

EUR/CHF Technical Analysis September 14, 2011

EUR/CHF continues to sit still just above the Swiss National Bank’s mandated price of 1.20 on Tuesday. This pair is going to be dead money unless there is a sudden interest in owning the Euro, which is unlikely to last for any significant time. The situation in Europe is far from being settled, and as a result owning the Euro is almost impossible. This pair will be dead money for a while.

About the Author

Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.

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