Movements in the EURCHF remains limited but the main strategy continues to work: buy close to 1.2100, expecting moderate gains (with a small limit), with a large stop barely below 1.2000. The ratio of gains / losses is not favorable but the probabilities of the pair falling below 1.2000 are extremely low considering the determination of the Swiss National Bank to defend the floor of the EUR/CHF in 1.2000.
