The SNB is very occupied with the level which the pair fell to. They say the 1.2 was defended, others say that it fell. Options here or there...
Just the fact that they are so adamant about this, could mean that we never get near the 1.2 again, just to make sure.
The US session could tell the tale. Right now any move up is being capped at about 1.2025.
Just the fact that they are so adamant about this, could mean that we never get near the 1.2 again, just to make sure.
The US session could tell the tale. Right now any move up is being capped at about 1.2025.