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Eur/chf - Rare opportunity ?

  #19 (permalink)

Zurich Switzerland
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ES, 6E, CL
Posts: 404 since Sep 2009
Thanks: 64 given, 513 received

SNB will defend the 1.20 level. A test will come with the end of the Greek drama.
There were some rumors of moving the level to 1.25 (which would be a bad R/R).

This interview with the Swiss Finance Minister could slow down this speculations. (Don't know why she said that, as she has very hard reelections coming up in a few weeks).
Interesting how CHF will react on Monday.

Last edited by terratec; October 2nd, 2011 at 03:56 AM. Reason: new link
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