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- Lars Rohde, Danish central bank Governor (based on Bloomberg)
Pair's Outlook
The currency couple has declined back below the falling trend-line, closing beneath 0.9294. This means that a recent breakout may have been a false one, though short-run indicators continue giving "buy" signals. Accordingly, there is a need of confirmative price action before a more accurate scenario could be estimated, but the current bias is positive.
Traders' Sentiment
Traders' sentiment is largely unchanged since yesterday, being that the attitude of market participants is neutral towards USD/CHF, with 53% of positions long and with 47% short. The share of buy orders placed on the pair is 60%, while the sell ones constitute 40% of the total amount.
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