20100522 - EURPLN, CHFPLN

The EURPLN is still above 4.00:

The CHFPLN is near 2.86 now:

Both currencies are still railing, however they did not cross their highest high as for now.
Therefore, the best approach is to observe only. Nevertheless, we should consider the possibility of primary trend reversal.

The US Senate has blocked the use of taxpayers’ money for International Monetary Fund's bailouts for Greece (here).

Sources:
[http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100005734/congress-blocks-indiscriminate-imf-aid-for-europe]
[http://en.wikipedia.org/wiki/International_Monetary_Fund]

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