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.