It looks like the only buyers of this pair are Swiss corporates at the moment according to market gossip, but the pair is holding up well considering the euro’s demise this morning
Talk of stop losses lined up below 0.9750 with more bids coming in at 0.9700 which is where I was looking at to put on a small long
Given the current euro negative sentiment though I’ll re-assess when we get down there
Currently 0.9795 -ish having fallen from 0.9900 today but tempered by that corp demand and USDCHF rallying happily to 0.8797 before retreating from the offers I highlighted earlier
