DislikedPoland’s central bank intervened twice during the last two days of the year to weaken their own currency. But, SNB still has not entered into the market. I think this time they can't move the market just by another rumor,because market has got tired of only talk talk and talk and wont react just by an interview or... Only real intervention can move this pair. Without intervention it will only fluctuate between 1.2 and 1.22 and 1.24 would be even a dream! it's not sth that SNB wants.Ignored
Agree, do you still have a position on this pair ?
I'm a little bit affraid of the 1.2130 area. There is a lot of short trigger there... If broken, we will for sure test rapidly the 1.2010.