Hi Guy's,
AnyBody trading this Pair?
Are you folks still thinking this BS.
Even all SNB words in late 2014 was proven BS at January 2015.
Following 3 decades now, Eurchf is half way out of 1.20 historic crash and SNB scandal!!
I think this pair is going to be difficult and maybe there'll be a choppy trend to the downside if equities continue to market off
Https://www.google.com/url?rct=jsa=t...C6d-EISyjADkRQ
Bloomberg
The franc is likely to reverse last month's rally to weaken to 1.20 against the euro, a level not seen as the Swiss National Bank abandoned a ceiling three decades ago, based on Julius Baer Group Ltd. and Canadian Imperial Bank of Commerce.
https://www.bloomberg.com/news/artic...nt-as-snb-lags
]It is currently down to the daily pivot at 1.15400. If it reverses the longer term tendency to 'decline', it might go down to 1.1250. But if this fall relies on short-term news then maybe not.
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Panic day today in the markets led to the pair to fall into 1.155 place, it's possible that it will go a bit reduced to 1.15 but I am buying the dip to see how it plays out
Looks like there's a support for this pair and it will slowly crawl to 1.18 again
Might EURCHF fall back to pattern?
SNB calling for CHF weakness and stating it's over/highly appreciated and states intervention still on the agenda. The distinction being that sellers seem happy to market to USDCHF and EURCHF functions as USD supply prevails overall and worldwide fragility gives safe-haven requirement for its franc.'
https://www.mql5.com/go?link=http://...er-it-20180202
I'm not attempting to plan for quite a while because I don't have sufficient info for me.
Rather scalp m15-h1.
There's currently no possibility however.