Typo in headline

• Geopolitical tensions dictate as Israel launches attack on Iranian soil

• Risk aversion strengthens demand for safe-haven FX (USD, JPY, CHF)

• EUR/CHF -0.4%, overnight low = 0.9565, stopping short of 200DMA (0.9556)

• Now through pivotal support at 0.9680-85

• Daily close below could open the door to a bigger setback

• Given known risk, it will be prudent for traders to reduce exposure

• Thus, havens are likely to remain bid with sentiment under pressure

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