Johanes

JLS: CHF-Pegged Pairs Price Trends

Short
Johanes Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
CHF-carry traders already out of the market by leading the CHF-pegged pairs to downward to their lower ceilings. The wide (width) of their target zone however narrower than JPY-pegged pairs thus "deep drop" may not seen.
Comment:
This is the price trends I trade until they reach their lower ceilings by multiple tranches.

I prefer to trade price trends to which direction the basket prices to move rather than temporary bullish and temporary bearish.
Comment:
Let's wait if the NZDCHF can be dropped to 0.6670 from 0.6900
Comment:
Let's wait if the GBPCHF could be dropped to 1.2600 from the 1.3300
Comment:
Target for Profit Booking:
Let's wait if the NZDCHF can be dropped to 0.6670 from 0.6900
Let's wait if the GBPCHF could be dropped to 1.2600 from the 1.3300
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