Watch out! Intervention from ECB to defend Euro slide is imminent ?

The Swiss National Bank has just involved herself to cause a change of CHF /USD WITH +300 pips .

With Europe 1 Trillion USD ,Plus purchasing of Both Gov/Private Bonds by Central banks, and Germany Banning of Short selling,, HAVE ALL failed to tame and calm down the market Fear, ,, with no end on sight on the severe sliding of Euros vs USD/jpy/Asian Currency, IT is thus that coordinated central bank intervention to support the single currency is inevitable. Such action will unlikely reverse the euro's slide, but may help resurrect a 2-way market in the currency and slow down the damage.

So I expect the mild reversal on the EURO/USD WILL continue towards the 1.2500. As the Severe selling down the Euros has been calming down WITH DIMINISHING TRADING VOLUME.