Tradinggrouptw
Long

EUR/CHF Daily Long >1.20<

FX:EURCHF   Euro / Swiss Franc
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9
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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. ?
Reply
because the SNB will step in at this price ;)
+2 Reply
kvbuzz Tradinggrouptw
interesting. Reasoning?
Reply
kvbuzz kvbuzz
+2 Reply
correct
Reply
Because Swiss inflation is already at 0%
+1 Reply
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