EUR/CHF recovering

Author: Gerry Davies | Category: News

The cross is presently up at 1.3445 from session low 1.3382, with hedge fund buying being noted.

Which takes me back to what Barcap said recently ie they saw the cross in 1.32-1.3600 range, prefering to sell into rallies.  OK it traded over 1.3600 but not by too much and not for too long.  If you’d followed the advice you’d have enjoyed this morning.

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