20090509 - EURPLN, CHFPLN

Over last couple of days, the EURPLN has been quite near weekly low:

eurpln_20090509

Situation on CHFPLN chart is alike:

chfpln_20090509

The daily sell signal has been generated on both currencies. The weekly low has not been broken yet.

European Central Bank decided to cut interest rates to 1% (here).

Sources:
[http://www.taipeitimes.com/News/worldbiz/archives/2009/05/09/2003443121]

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