Marketed, 0.96 take profit
0.975xx would be a rational TP since it hold much significance before as well. . Stay Green. I had also sold at 1.003xx and holding.Originally Posted by ;
USD/CHF now is trading stable and unchanged arouns 1.0010. However the long term remains bullish and that I anticipate bulls to test 1.0040
Personally I believe that usdchf ought to be relegated in the understanding that it is among the world's 4 major currencies.Originally Posted by ;
By Way of Example, there are far more trade announcments here onforexsoutheast.asiaconcerning the Australian Dollar compared to the Swiss Franc. Even now, the Australian Dollar is more powerful compared to the Swiss Franc.
It appears that the Swiss Fanc is significantly more affected by what the Euro does and carry traders compared to some of its own economic pursuits.
Actually if the Swiss do infact hike interest rates it might be a case of buy the rumour market the fact just like it was this month when the ECB raised interest rates.