Following on from Eamonn’s USDCHF post earlier I hope some of you benefitted from my look at the pair yesterday where I pointed to a break higher but warned of good resistance between 0.9290-9300
Ok, so maybe the longer-term USD CHF longs have still got their feet on the desks looking for 0.9700 but as a room that also contains a good percentage of jobbers ( including your’s truly! ) I hope the post made a few pips for some you.
No strong feelings at this level but would be inclined to buy dips in this generally USD-positive environment.
Beware 0.9300 still on the topside where we also have an option expiry today but not of any game-changing size
