Open trading account 
Monthly chart
SNB's decision to abandon EUR/CHF floor in January 2015 sent USD/CHF all the way down to 2011 lows. The actual low was around 0.7250 or roughly just 70% of the value before the announcement. The turnaround was equally impressive as, after barely two months, the pair retested pre-announcement range between parity and 1.03. It declined from there but has been holding above 20 and 50 month SMA and recently broke above 100 month SMA and the descending trendline drawn off of 2003, 2005,…
SNB's decision to abandon EUR/CHF floor in January 2015 sent USD/CHF all the way down to 2011 lows. The actual low was around 0.7250 or roughly just 70% of the value before the announcement. The turnaround was equally impressive as, after barely two months, the pair retested pre-announcement range between parity and 1.03. It declined from there but has been holding above 20 and 50 month SMA and recently broke above 100 month SMA and the descending trendline drawn off of 2003, 2005,…