I’ve been highlighting the 1.2200-50/1.2210-60 range-trading opportunties for a while now, most recently again yesterday.
We’ve fallen back down to the lows which suits me ( regular readers know that I’ve been preferring to sell the rallies for a while ) but I’m square now as the range is still very much intact, and will be looking to sell the rally again or pick some up down here if the current mood changes.
1.2185-1.2280 still remains the wider touch
EURCHF H1 13 Feb
Stock market jitters have given the CHF a boost on safe-haven trades but we’ll need to hit the extremes of recent trading before it gets more interesting and threatens the ranges.
USDCHF has support between 0.8935-50 still
