FOREX VIDEO | NEW YORK SESSION REVIEW | June 24, 2009

Source: blogs.fxstreet.com

Today’s rally on the EUR/CHF currency pair brings to mind the Yogi Berra quote, “It’s like déjà vu all over again.” For the third time in about 6 weeks, the euro swissie soared as the swiss franc was sold on alleged SNB indirect currency intervention via the Bank for International Settlements. A profit of up to 230 pips awaited those traders who bought the pair at an easily-defined level of support, then kept their cool as the candles grew greener. Curt Wehrley FX Bootcamp’s Quantitative Analyst


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