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cgd
Aug 30, 2018 12:34 PM

USDCHF Short Short

USD/CHFOANDA

Description

- price has breached 38 fib
- and two important trend-lines(blue and purple)
- swiss marcos: KOF is okay, other CPI's due out on the 4th
- Interesting price action, as this is seen as a risk haven.
- Perhaps its SNBN taking profit on its Microsoft and the like, positions. Who knows but SNBN price looks like a bitcoin chart!
- Will look to play this CHF theme, directly(fx exposure) and a few equities. Stay tuned!

Comment

SWISS XY for reference
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