FX_IDC:CHFJPY   Schweizer Franken/Japanischer Yen
50 2 5
time to drop
Why do you think so? Not saying it is a bad idea.
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bwahaha Trader_Dale
@Trader_Dale,

Simple - USDJPY reached goals and now will drop down, on the other hand USDCHF will rize. Not only technically -

1. yesterday we saw that BOJ is absolute 0.

2. at wed there was US 5years for 34gb(gigabaxes;)) +2years for 15gigabaxes. And yesterday 7-years bonds for 28gigabaxes

wed 5y bid/cover 2.38 worst from july.

then, yesterday markets got 17gigabaxes from bills.

Next week +11.8gb tuesday 02.02 ~ +10gb


So usd will drop next week - so

There be sence buy eurusd targeting 1.1 next week but sell chfjpy anyway better idea-

assuming + very high CHF can lead interventions to drop chf also.

And i see no reasons to miss this idea.


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