ridethepig
Long

A flawless ride so far..

FOREXCOM:EURCHF   Euro / Swiss Franc
=> Here we are updating our EURCHF chart for trading view
=> For those following the telegram we have been going through a great live example of this trade in how to scale into positions
=> EURCHF has remains stable despite the BTP-Bund spreads widening which is surprising to say the least. It implies that those in Switzerland likely hold large hedge ratios on foreign investments
=> Italy will correct itself soon and as a result a rally in BTPs will carry EURCHF as collateral.
=> We don't see the SNB signalling higher policy or any further populist uncertainty in the EZ
=> GL and well done all those on the buy side from September
I agree with your bullish view on EURCHF and I have identified a support level which coincides with our 61.8% fibonacci extension and 61.8% fibonacci retracement.
Glad that we have the same bias on EURCHF




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Good shout!
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ridethepig bubsymalone
@bubsymalone, Thank you
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