DislikedNational bank will never intervene when everyone expect it. Now more and more traders are giving up, saying nothing will move this pair anymore.
From technical point of view, daily and weekly shows that it should start to reverse anytime now - this is what the SNB really wanted to happen - let market move the pair up without need for major intervention.
I have some long positions open for many months now. Soon I will be at the point that these trades are risk free - due to positive swaps. If the peg is gone and I hit SL - 0 loss. If the market...Ignored
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