Swiss Franc Expected to Lose Further
USDCHF – The ratio of long to short positions in the USDCHF stands at 1.36 as nearly 58% of traders are long. Yesterday, the ratio was at 2.23 as 69% of open positions were long. In detail, long positions are 12.4% lower than yesterday and 2.3% weaker since last week. Short positions are 43.9% higher than yesterday and 30.0% weaker since last week. Open interest is 5.0% stronger than yesterday and 36.4% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
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