USD/CHF could get less interesting than EUR/CHF

Hey tradomaniacs,

I`m currently waiting for the FED to give the market more fundamental impulses.

Looking at USD/CHF we can see that price is not really trendy, instead volatile within a cotnraction and weekly support-range.

As mentioned before in my NZD/USD analysis, we need to see how the market reacts to a potential tapering.

In case of a hawkish turn, we might see more USD-Strenght. In case of a shocked stock-market, we might see a cashflow into safe heaven such as CHF and JPY, which could cause choppy price-action as we get to see
CHF and USD strenght. In this case it would be way more interesting to SHORT EUR/CHF.

If FED dissapoints and we get more USD weakness, we might see more risk-on and so a falling USD/CHF.

Let`s see! :-)




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Irasor

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