A nice drop overnight for USD/CHF as the pair set a new record low. The DailyFX+ signal is currently giving a hold signal on the two short positions that have been open from previous days. It could possibly be anticipating a retracement? DailyFX mentioned in an article earlier today that the CHF and JPY strength is being driven by turmoil in the Middle East.
Will post the updated SSI this afternoon to see if the short positions have decreased following the most recent drop.
http://img511.imageshack.us/img511/3...2420111005.png
Will post the updated SSI this afternoon to see if the short positions have decreased following the most recent drop.