[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 7: September 2011) - page 30
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Hi all, top to 1.4230-35, we'll see there.
Hello!, if it will consolidate to 1.4150 then it might go up as well.
Too slow to rise, likely to collapse from this level
Movement according to plan as said today rebounded from tr levels at 1.3990
An anecdotal situation for the Eurofrank. Is it now possible to buy forever from 1.2 ? ))
Euro/Franc to fall
Judging by the monthly chart, at least up to 1.2650 is still an open road. From there it can of course drop.
"Even at 1.20 francs per euro the Swiss franc is still too high and should weaken over time. The SNB will take further measures if the economic outlook and deflationary risks require it," the central bank said in a statement.
http://www.chaspik.spb.ru/world/shvejcarskij-frank-privyazali-k-evro/
I see the 1.3930-40 area and the 15-17 September 1.3660 area.
Judging by the monthly chart, at least up to 1.2650 is still an open road. From there it can of course drop.
"Even at 1.20 francs per euro the Swiss franc is still too high and should weaken over time. The SNB will take further measures if the economic outlook and deflationary risks require it," the central bank said in a statement.
https://www.mql5.com/go?link=http://www.chaspik.spb.ru/world/shvejcarskij-frank-privyazali-k-evro//
Two drawings: