Struggling CHF.

With yesterday's USD CHF trade complete. The CHF is struggling against every currency and may continue to do so for a while, based on interest rate differential. And I think any 1hr pullbacks creating nice support are tradable. Particularly Vs USD or a buoyant AUD. Or, as mentioned last week, EUR CHF is predicted to return to parity.

For today, Durable goods orders is a mid tier data release and although not particularly market moving. It could contribute to the 'risk tone' at the US open.

Feel free to email any questions: johnelfedforexblog@gmail.com