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• USD/CHF up from early Asia low but still heavy, range 0.8194-0.8218 EBS
• Holds above 0.8193 low yesterday, 0.8184 trough on September 22
• Well above ascending daily Ichimoku cloud between 0.8106-36, 0.8137 100-DMA
• Below 0.8241 100-HMA, descending hourly Ichimoku cloud between 0.8246-47
• Spot also below massive $1.45 bln option expiries today at 0.8245 strike
• EUR/CHF also on heavy side though up from 0.9199 low to 0.9214
• Low yesterday 0.9198, on July 6 0.9191, July 2 trough 0.9178
• Renewed moves to downside possible on renewed EU political-fiscal concerns
• More haven flows into CHF seen possible too on AI stock jitters
• NASDAQ plunged in New York overnight, most Asia bourses off today
USD/CHF:
EUR/CHF:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)