The pattern of higher lows & higher highs has continued for quite a time. The price has reach level of the initial November's spike (3.9819). Crossing this level will generate another long-term buy signal. The medium-term uptrend will be broken if 3.73 is crossed.
The CHFPLN situation has not changed too much. Price is still between weekly high/low (2.5659 and 2.4146 respectively), you can also note the uptrend line has been broken:
The Switzerland decided to cut interest rates to 0.5% (here). That are good news for polish mortgages, as this action has resulted in massive LIBOR CHF drop:
Sources:
[http://en.wikipedia.org/wiki/LIBOR]
[http://www.iht.com/articles/2008/12/11/business/rates.php]
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