Euro Versus Dollar and Franc April 2nd

FX Strategy Video > Currency Pairs Analysis

EUR/USD had a bullish day on Friday as the Euro broke above the top of a hammer from the Thursday session. The pair now looks as if there will be an attempt at the 1.35 level.

The EUR/CHF pair fell again on Friday, in what can only be thought of as financial suicide by Forex. The Swiss National Bank is holding the line at 1.20, and there is no way that a breech of this level won't attract intervention.

Published on 30th of March 2012
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