Swiss Franc futures dropped as it was forecasted. I think the decline is not over yet. We can see a small rally followed by the next wave down. The 1.0700 range was strong resistance and there is a big chance it will be tested again. Commercials are still short this market, seasonal tendency is to the downside. However, Insider Accumulation is turning neutral from...
-daily demand holding price but notice the price action
on the daily TF.
-Every time price comes down into demand a smaller
reaction takes place every time.
-price getting squeezed.
-Watch Sunday meeting for analysis.