USD/CHF Ratio: -1.22
Signal: Bullish
USDCHF –The ratio of long to short positions in the USDCHF stands at -1.22 as nearly 55% of traders are short. However, since last week, retail has been buying the USDCHF (long positions are up by 13.9%). When retail is short but reduces its exposure, the long term direction remains bullish but the market might have some downside in the short term.
