EUR/CHF Daily Long >1.20<

FX:EURCHF   Euro / Swiss Franc
367 7
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.
Why would you go long with this pair? Even zooming out on the daily chart it is full on tanking. ?
because the SNB will step in at this price ;)
+2 Reply
kvbuzz Tradinggrouptw
interesting. Reasoning?
kvbuzz kvbuzz
+2 Reply
Because Swiss inflation is already at 0%
+1 Reply
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