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Apr 21 - 01:55 AM

USD/CHF - Spurts Lower, Lowest Since Spike To 0.7360 Jan '15

By Haruya Ida  —  Apr 20 - 11:46 PM

• USD/CHF off hard in Asia, 0.8170 to 0.8070 EBS on broad USD weakness

• Pair lowest since 0.7360 spike low EBS in January 2015

• De-dollarization continuing, CHF traditional safe-haven

• Resistance on any rebound from 0.8129 hourly Ichimoku tenkan, kijun 0.8149

• Support likely at every big figure from 0.8000

• Massive $950 mln 0.8100 option expiries tomorrow pivot on Europe return?

• Related , for more click on [FXBUZ]

USD/CHF monthly:


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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