Oversold CHF ... Positioning in USDCHF
Updated
Here selling USDCHF for the European open after CHF enters in oversold territory. The decision from European Courts on loans indexed in CHF will have little impact on the currency and provides a good fading opportunity.
Brexit volatility will skyrocket and provide an underlying bid for CHF. I am positioning for a deteriorating global outlook and positioning continues in CHF and JPY.
Good luck all those on the sell side, jump into the comments with your ideas!
Brexit volatility will skyrocket and provide an underlying bid for CHF. I am positioning for a deteriorating global outlook and positioning continues in CHF and JPY.
Good luck all those on the sell side, jump into the comments with your ideas!
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Trade active
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Target in play for the close todayNote
A final push here for the open will do it...Note
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Momentum ready to kick in Trade closed: target reached
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