Swiss Franc May Strengthen against Dollar
USDCHF – The ratio of long to short positions in the USDCHF stands at 3.84 as nearly 79% of traders are long. Yesterday, the ratio was at 2.48 as 71% of open positions were long. In detail, long positions are 8.0% higher than yesterday and 11.4% weaker since last week. Short positions are 30.2% lower than yesterday and 9.1% weaker since last week. Open interest is 3.0% weaker than yesterday and 4.2% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
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