EURCHF, Euro versus the Swiss Franc ;
Earlier this year, I expected that this was the "Forex trade of the year!"
See that fake move, right @ 1.3200, pattern was a clear double bottom, length of the downtrend was way too long ....
Recent events show that the EU (currency) zone is in deep sh....t
It would be better for the ECB to actually tell us the truth, markets do not like uncertainty.
The EURCHF is actually pricing in a Greek disaster .....
But then again, they'll probably try to convince us that "they are not responsible for that mess", it was Goldman's fault ....

3 comments:
Did you know that Mario Draghi the next President of the European Central Bank is an ex-Goldman Sachs banker?
No way ?
Wow ..... its really the end :)
how do you trade this?
long EUO.
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