Swiss Franc May Strengthen against Dollar
USDCHF – The ratio of long to short positions in the USDCHF stands at 2.67 as nearly 73% of traders are long. Yesterday, the ratio was at 2.63 as 72% of open positions were long. In detail, long positions are 1.5% lower than yesterday and 23.3% stronger since last week. Short positions are 2.9% lower than yesterday and 38.4% stronger since last week. Open interest is 1.9% weaker than yesterday and 24.2% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
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