I think having a cash position in CHF makes sense here, so, if your margin accounts have USD as default cash/balance currency, I'd reccomend swapping it for CHF. I see a potential continuation of the monthly uptrend in the Swiss Franc, which would send this pair easily 15% higher within a year.
Best of luck,
Ivan Labrie.
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It might take a few days to break the Brexit resistance above.
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Back to support for now, but I think upside is extremely likely.
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Almost ready to burst...Accumulated and coiling for an explosive move up. I'm not trading this actively, but my cash is a CHF position.
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I made the right decision here...better to have a cash position in CHF than USD.