SWISS FRANC MAY CONTINUE TO STRENGTHEN AGAINST THE DOLLAR
USDCHF - The ratio of long to short positions in the USDCHF stands at 3.87 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 18.6% higher than yesterday and 31.7% stronger since last week. Short positions are 23.9% lower than yesterday and 11.7% weaker since last week. Open interest is 6.4% stronger than yesterday and 137.1% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
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