Tradinggrouptw
Long

EUR/CHF Daily Long >1.20<

FX:EURCHF   Euro Fx/Swiss Franc
364 7 9
Today is an exciting day for traders all around the world!
NFP will be release in the coming hours and if NFP comes strong,
EUR will weaken further and might open up the opportunity for a long
position on EUR/CHF             at the golden 1.20 area.
kvbuzz
2 years ago
Why would you go long with this pair? Even zooming out on the daily chart it is full on tanking. ?
Reply
Tradinggrouptw kvbuzz
2 years ago
because the SNB will step in at this price ;)
+2 Reply
kvbuzz Tradinggrouptw
2 years ago
interesting. Reasoning?
Reply
kvbuzz kvbuzz
2 years ago
because: http://prntscr.com/5dfojh ?
+2 Reply
Tradinggrouptw kvbuzz
2 years ago
you can read more about it here http://www.fxstreet.com/analysis/indices-insider/2014/08/27/03/
+1 Reply
Tradinggrouptw kvbuzz
2 years ago
correct
Reply
Tradinggrouptw kvbuzz
2 years ago
Because Swiss inflation is already at 0%
+1 Reply
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