Friday, January 20, 2012

EURCHF the canary in which 'coal-mine'?

EURCHF Weekly 'snapshot' 01/20/12

EUR/CHF has the 'floor' set @ 1.2000 by the SNB. Or so they (SNB) say.


If one takes a l@@k @ the extremely Long-Term chart, it looks 'incomplete'.


That means the 1.2000 gives way & sub-1.0000 is 'seen'.


What THAT means for everything else is  a function of one's imagination.