EURCHF An Interesting Week Ahead

This pair continues it push towards the 1.20 price floor which puts the SNB in the spotlight. Will they intervene or not? They may just let the 1.20 level hit and see what happens naturally. Here's the main problem. According to the sentiment index, 98% of people are long in this pair. Who is left to get long? It will be fun to see what happens once/if we hit that 1.20 level. Check out our discussion on this in the Weekend Preview here: youtu.be/0Td5WXYzH6E


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