Willpower87

USDCHF Upside Potential

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
I've been long this pair since it broke out of the downtrend at 0.925.

Tonight Thomas Jordan (head of SNB) will give a speech to Swiss watchmakers. I reckon it's highly likely that he'll talk down the "overvalued" CHF, which has been hurting the Swiss watch industry.

Chart says up, event risk says up.
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