There’s still talk of very large stops in USD/CHF at various levels on the topside and some dealers with good knowledge of the order books, think that levels around the 100-week MA at .9750 are achievable in the next week or so. This could happen through an overall higher USD or it could be that SNB action in the cross is the instigator but whatever the driver, dealers expect more gains. (Apologies that our USD/CHF rate is stuck on .9020, we’re trying to find a witch doctor to undo the spell).