CHF continues to get hammered across the board..

FOREXCOM:CHFJPY   Swiss Franc / Japanese Yen
=> As you know we have been very successful shorting CHF across most crosses here (see related ideas)
=> With US yields breaking higher we see this as a strategic time to play the repatriation flow into Japan against Switzerland
=> For Japanese investors moving capital into the US we are starting to see an increasing amount of these positions remain unhedged because of costs being high. This will have to correct, one way or another.
=> Technically we also like this short because of failing to take the top of the 2018 range signalling early alerts that there is a lot of room to the downside for bears.
=> GL all
Jan 04
Trade closed: target reached
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out