DislikedWith all this bias of EURCHF moving up slowly, but don't know to what level, I think most of us will at one point start to close our longs. The EU crisis is more subdued now, yes b'cos of ESM & people are looking at a global crisis. SNB also slowing down their EUR purchases.
But then, at what point? We don't know - problem is it may be too early to close longs. Say if a gradual movement happens over 1month till 1.2100, are we comfortable closing there? What if it goes up another 100 pips? What then if SNB takes opportunity to dispose their...Ignored
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