by Christopher L, February 1, 2021
by Christopher Lewis February 1, 2021
Table of Contents
Took this trade few days ago and added today. Based upon longer-term support, and interest rate differential. SNB keep negative rates whilst the 10 Yr. in US offering more yield. This should continue to favor this pair to the upside. Furthermore, Biden isn’t getting $1.9 Trillion in stimulus. This should also help the greenback.
The 0.87 level had been important for about 15 years, so this is a low risk trade. Will be adding on the way up. (added a little today.
Adding every time there is resistance broken.
Currently risking 0.5% per unit.
10 year yield. Any Fed easing. Stimulus being bigger than expected.
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