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

bank of switzerland, EURCHF Analysis, forex, intervention

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 .