Signal: Bullish
CHF: The % of total commercial positions that are long measured through a 52 week percentile is at 24 and the % of total speculative positions that are long measured through a 52 week percentile is 71. The most recent extreme registered on the 52 week index was a bullish one but the most recent extreme registered on the 13 week index was a bearish one. With momentum towards CHF strength intact, remain bullish on CHF until further notice (bearish USDCHF).
