Swiss Franc Shows No Sign of a Reversal
USDCHF - The ratio of long to short positions in the USDCHF stands at 2.64 as nearly 73% of traders are long. Yesterday, the ratio was at 1.92 as 66% of open positions were long. In detail, long positions are 22.0% higher than yesterday and 16.6% stronger since last week. Short positions are 11.1% lower than yesterday and 38.5% weaker since last week. Open interest is 10.7% stronger than yesterday and 98.5% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
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