CHF Still Safe Heaven?
EURCHF looks undervalued at these levels. The interest rate differential and fair value models suggest a higher level e.g. 1,53 in Q2.
In addition the SNB intervention menace should limit further EURCHF downtrend potential.
I recommend to Buy EURCHF at 1,4650 lvl
Stop 1,4300
For Target 1,5140
EURCHF looks undervalued at these levels. The interest rate differential and fair value models suggest a higher level e.g. 1,53 in Q2.
In addition the SNB intervention menace should limit further EURCHF downtrend potential.
I recommend to Buy EURCHF at 1,4650 lvl
Stop 1,4300
For Target 1,5140
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