Updated Idea CHF
FX_IDC:CHFEUR SWISS FRANC / EURO
Just an update of my original idea posted early jan 2020.
Turns out it's' not Gold, Silver or Bitcoin. CHF is the only true hedge during financial turmoil.
CHF going strong. I fully expect the trendline to be tested eventually.
2 year low for EUR - fully expect .98 to be reached eventually.
Found some good support on that multi year uptrend line (as forecasted)
Target reached - I think geopolitical situation will further increase the "wealth flight" into save havens around the world. Holding a good chunk of CHF is a good diversification for any portfolio.