Hi Sean, http://www.fxstreet.com/news/forex-news/article.aspx?storyid=6abd11fd-c639-4a93-ae2a-d5d51b7b3da0 This article says there’s still strong CHF buying. I guess this means we have yet to see those safe haven flows begin to reverse, huh? Also, when you say that there were large buying flows on the 1.2200 break today, what can we possibly conclude from that? Bullish or bearish? Reply
Certainly trying to form Jack but needs to break below 9580 neckline to confirm and that’s a long way away Reply
Hi Sean,
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=6abd11fd-c639-4a93-ae2a-d5d51b7b3da0
This article says there’s still strong CHF buying. I guess this means we have yet to see those safe haven flows begin to reverse, huh?
Also, when you say that there were large buying flows on the 1.2200 break today, what can we possibly conclude from that? Bullish or bearish?
I guess it just means that some shorts are bailing out
Hi Sean,
Are u seeing double top in usd/jpy too??
Certainly trying to form Jack but needs to break below 9580 neckline to confirm and that’s a long way away
OK THANKS