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EURCHF Heading Down

FX:EURCHF   Euro Fx/Swiss Franc
Now that EURCHF             is free again, it may be heading for 0.9 or even for the lower border of the channel. Currently - the strongest trend of all the majors. The old down trend resumed.
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Pitch fork plus channel! Welcome back
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ForceFollower jangseohee
Thanks. Yes, I just catch the common slope.
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Ha ha ha! Crazy :D I like it but I don't think my broker does CHF anymore :)
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thats silly, because tomorrow it could be GBP!
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IvanLabrie PRO jangseohee
You never know...
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Love it, even in the crazy the flow asserts itself ;D
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Against some pundits I saw in media, I still believe the Swiss franc is a safe-haven currency. To me, the extent of the Thursday move only confirms it, not denies it.
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And, if someone was in doubt, the Swiss franc itself is (as it has been) in an up trend following this fork:
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jangseohee ForceFollower
CHFJPY, i have hypothesis on why central bank did that
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ForceFollower jangseohee
Very nice, I like it. Thanks.
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jangseohee ForceFollower
It's kind of "coincident" that at the top of this CHFJPY channel, Yen found some strength :-P
Not sure whether there is co-relation
FXY, around the world in 2723 days
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EURCHF dancing around the parity. Neither particulalrly bullish nor bearish at the moment. Still heading for the Marianas-Trench depth?
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A possible scenario for coming hours.
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Grinding lower, towards the parity.
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jangseohee ForceFollower
yes, then Draghi launched a rocket and shoot it back up..:-)
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ForceFollower jangseohee
There's still a lot of time left until Thursday midday hours. Trading has become very uncomfortable after the SNB's flop though. Most traders are licking wounds now. It seems there's that deaf silence after the storm. I have an impression I'm pretty much alone here in the forex markets. :-)
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EURCHF continues to oscillate around parity.
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Glued to the parity.
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