Swiss Franc Reversal Likely in Place


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Swiss FrancRetail FX trading crowds are at their most long the US Dollar versus the Swiss Franc on record, and we see important risk of a price and sentiment extreme.

Trade Implications – USDCHF: Our data shows that crowds are often their most long at price lows, but major turning points are only visible in hindsight. Our purely sentiment-based Momentum2 strategy has already gone long from SFr 0.8919. We’ll need to see the USDCHF clear important resistance at SFr 0.8940 to confirm the reversal.

--- Written by David Rodriguez, Quantitative Strategist for

ssi_usd-chf_body_Picture_11.png, Swiss Franc Reversal Likely in Place

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