A story of this week is Swiss!!! Today's SNB intervention didn't do much to trigger a Swiss sell-off, just to temporary slow it down. Fortunately my trading was on a good side of the market netting total of 1230 pips on long Swiss trade (against USD and EUR). Only one position hat a target price (US) hitting 0.71 and that one was a major gainer. Unfortunately I have allowed others to go back some 300 each, some even generating loss last night during SNB announcement. But can't complain... ;)
I am still Swiss long with a small mix of currencies (EUR, USD, AUD and NZD) that I intend to leave to test yesterdays low with exception of Euro position where I am expecting to go to a close of parity price.
Other technical - I do not have any special opinion since it's not a good practice to stick just to technical in this messy market. I am rather going with a "fundamentals" until some major turnover doesn't change my opinion.
Best in trading,
sasalex_fx
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