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:
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
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
I prefer to trade price trends to which direction the basket prices to move rather than temporary bullish and temporary bearish.