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EURCHF finds a base at 1.0750 again with SNB never too far away from the action

It's been a roller-coaster ride again but support at 1.0750 holding 9 Nov

My gut feeling is that the SNB may already have been on a smoothing mission putting as base on USDCHF around 0.9550

1.0750 has been a line in the sand since last week's drop through the previously unofficial line at 1.0800

From 1.0751 we've bounced back above 1.0800 only to run into sellers again as CHF demand prevails.

Currently 1.0792 again expect the SNB to remain on stand-by.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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