SNB total sight deposits w.e. 20 November CHF 707.3 bn vs CHF 707.9 bn prior Latest data released by the SNB - 23 November 2020
- Domestic sight deposits CHF 643.3 bn vs CHF 644.5 bn prior
Overall sight deposits actually fell in the past week as it seems the recent push and pull in the market amid vaccine optimism is seeing less incentive for the SNB to step into the market.
Further Development
Analyzing the current trading chart of EUR/USD, I found that EUR got rejected of the main resistance at 1,1920 and that we might see downside rotation.
1-Day relative strength performance Finviz
Based on the graph above I found that on the top of the list we got Natural Gas and Lean Hogs today and on the bottom VIX and Platinum.
Key Levels:
Resistance: 1,1920
Support level: 1,1850
