USD/CHF still sitting on a knife edge heading into European trade
Support levels at .9600 are still holding impressively but that might change once the big Swiss players come in and have a look at their books. There is obviously some solid buying interest as this level has held now on a number of occasions.
And there it goes… I guess w’re about to see some serious USD weakness to clear out all the dollar bulls?
Good evening Sean,
I left USD/CHF’s boat yesterday. I guess currently that it’s just a consolidation phase for this cross. Lets see what happen at .95/.94 to start again the buying. You were right yesterday on USD/JPY volatilities but I didn’t find trade idea on this cross.
Yes thanks Papillon, got yur note. I’m also off this trade now and for first time since January 11th I have no position.