SNB Patience is a Virtue
Updated
The SNB's hand is forced with the ECB sidelined. Markets are likely to want to test ECB willingness to shift into easing mode again so the dollar remains the only game in town.
From a technical perspective here we are trading the final leg in this large ABC sequence.
Best of luck all.
From a technical perspective here we are trading the final leg in this large ABC sequence.
Best of luck all.
Note
Nice moves in USDCHF as the green remains in control across the majors.
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.