Sells in position to Short
U.S. Dollar/Swiss Franc FX:USDCHF
Looks like a build up of Sell orders at around the 1.0150 area, Sellers getting their orders in, this week we have some news releases regarding Retail Sales m/m and Core Retail Sales m/m both of which could have an impact on USD strength. SNB Governing Board Chairman Thomas Jordan is due to speak about the Sovereign Money Initiative at a Vollgeld event. With a top being reached for the USDCHF would see a decline in price.