Have you seen where the EURCHF is trading at?

Since the bank of Switzerland intervention blast year I haven’t placed a trade on the EURCHF. And I really missed it, it was a good cross, it had nice swings, and most of the time they were smooth.

Do you think it will good for trading some day? Or have you even placed a trade here since the intervention?

Take a look at it now:

It is getting closer to the 1.2000 level, remember the bank of Switzerland said it will not allow the EURCHF to trade bellow 1.2000? Do you think it will intervene again? I think so… So for now, I’m just going to forget about the EURCHF and focus on other crosses.

Trade Safe!

Raul Lopez
Forex Coaching

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .