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Aug 03 - 01:55 PM
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EUR/CHF - Maintains Constructive Tone As YTD High Comes Into View
By The views — Aug 03 - 11:53 AM
• EUR/CHF remains constructive, with focus turning back to the YTD high at 0.9350
• Swiss CPI matched expectations, though the print was softer than the prior month
• Broader risk appetite should remain the key driver for CHF direction near term
• Initial resistance is seen at 0.9350, with a break opening 0.9395-0.9400
• Support comes in at 0.9265, then 0.9220-30 (200-day MAs)
EURCHF daily chart
Swiss CPI
Justin McQueen is a Reuters market analyst. (The views expressed
are his own).
((Email: ))
Source:
London Stock Exchange Group | Thomson Reuters