EUR/USD goosed by EUR/CHF rise

Author: Jamie Coleman | Category: News

Safe havens? Don’t need no more, apparently…

A three-notch Greek downgrade was not enough to push EUR/CHF through the 1.2000 barrier. Seeing that, specs look like they are covering their EUR/CHF shorts, sending EUR/USD north in the process,

Resistance at 1.4420 is being overcome as we write.

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