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SWISS FRANC / EURO
Long

Updated Idea CHF

By CatoshiNakamoto
Updated
Just an update of my original idea posted early jan 2020.
Comment
Turns out it's' not Gold, Silver or Bitcoin. CHF is the only true hedge during financial turmoil.
Trade active
CHF going strong. I fully expect the trendline to be tested eventually.
Comment
2 year low for EUR - fully expect .98 to be reached eventually.
Comment
Found some good support on that multi year uptrend line (as forecasted)
Comment
Target reached - I think geopolitical situation will further increase the "wealth flight" into save havens around the world. Holding a good chunk of CHF is a good diversification for any portfolio.
Comment
Safe to say target hit, trade closed. Firmly believe CHF will continue to outperform other currencies due to need for safe heaven.
Chart PatternschfCHFEUREURCHFswissTrend Analysis

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