The guys over at Citibank’s technical desk haven’t been overly hot recently and their recommending a EUR/CHF trade is certainly a defensive move in that few pairs move as little as EUR/CHF does. Nevertheless, a clean break below 1.5050 would see a likely return to 1.44 according to their recent analysis. Maybe, but without me. I like my moves to be quick and painless and EUR/CHF is seldom quick.