(Mid Sept 2009) whats next? looks like a big scale coil !
well I guess , (with hindsight) that it was pretty clear that the massive coil broke by late Dec 2009 when 1.5 got taken , and ever since then apart from that huge spinning top day (when the SNB got involved ) its been all down. Interesting to come back and see what history shows us!
The SNB is defending the franc at 1.20 it seems
but I tend to agree with the following comment
"The move now should work in the short term, but in the long term they are providing investors who are looking to exit the euro zone debt crisis with an easy route."
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