EURCHF 16th MAY 2022
While the franc is indicated even weaker than that level on valuation modeling, that 1.08-1.09 band against the euro may acknowledge some of the legitimate pressure for the franc to strengthen amid the war. So it would still be a compromise for the SNB, but a level where it would be far more comfortable with.
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Trendline, Bollinger Bands, and Chart Pattern Analysis. Mid-Long Term Strategy. No courses or premium signals provided. Open for collabs or free analysis requests - feel free to DM.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.