TradersClassroom

EURCHF An Interesting Week Ahead

FX:EURCHF   Euro / Swiss Franc
0
This pair continues it push towards the 1.20 price floor which puts the SNB in the spotlight. Will they intervene or not? They may just let the 1.20 level hit and see what happens naturally. Here's the main problem. According to the sentiment index, 98% of people are long in this pair. Who is left to get long? It will be fun to see what happens once/if we hit that 1.20 level. Check out our discussion on this in the Weekend Preview here: youtu.be/0Td5WXYzH6E


Have all of our ideas delivered directly to your inbox: fxtradersclassroom.gr8.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.