Just looking through some old charts of the USD/CHF.
What the hell happened on the 2nd Jan? The high and low are massively massively apart…1.2765 to 0.8732
Hmmmm… not sure what you’re looking at. I see a range of about 130 pips on Jan 2nd.
See the high and low figures in the chart:
Sorry mate but you do need to read a bit closer…I just looked at your pic, and that is the yearly high and low…it says in the top left…it also shows the daily high and low (which are reasonable close) in the white box in the center.
Just seems strange that they’d show that on the actual chart, it is a daily chart after all.
And why on Jan 2nd or are we working on tax year highs and lows?
I’m not familiar with that charting system, but it could be a variety of factors. Personal settings for the chart (maybe somehow you have it set to display yearly values); Jan 2nd was the close of the first week of the year so maybe they show yearly values at that point; glitch in their system; etc.
Hard to say without knowing more about their charting method and/or how you are viewing it.