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