This is long euro/ short Swiss franc
Eur/Chf ….128.51 !!! is last months low…
short euro long Swiss is very overstretched here..
Meaning ..do not press this direction…short euro / long Swiss
quite the contrary it’s a good place for short term traders to look for reversals.
Brazilian real at 172.50-170 is a very significant zone.
A violation will lead to more stock and commodity strength.
