14:51CET
Technically speaking, the unit's tanking has put it not only in very extreme OS level (0.9790 band), but doing it for the 4th time today, just giving an idea of how liquidating this market is today. Buying here @ 0.9775 with a sub 0.97 stop and a target for parity may be a mid-term scenario. The only problem to this is the fact that retail-losers positioning keeps being overwhelmingly LONG USD/CHF, which means (contrarian theory) that short squeezes will keep on happening.Posted via email from MT4
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