Forex technical analysis: If USDCHF is at post SNB highs, what is EURCHF doing?

Discussion in 'Technical Analysis' started by ForexLive, Nov 20, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Some signs of bullish life today, but... The USDCHF is trading at post SNB depeg highs today (see prior post). Yippee! How is the EURCHF doing. Remember, the SNB pegged the EURCHF to its important trading partner at the 1.2000 level. When the peg was lifted, the price tumble - well collapsed - to some low way off the 1.2000 level. Way lower because there are different lows. My chart says 0.9706 (what does yours say?).

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