EUR crosses/Others

EUR crosses on the move

There is a big difference between wanting to buy and needing to buy, and the current EUR move is a perfect example of the latter. EUR/CHF is 200 pips higher in the last few sessions and the market simply cannot get what it needs at these levels. This cross is another 50 pips higher in Asia in thin trade. EUR/JPY is rising in sympathy.
Just popping out to lunch, back shortly.

  1. Hi Sean, what would be reasonable exit points of the EUR/CHF pair? I am winning 160 pips and are afraid that the pair will retrace a lot in European session

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