Yes folks, even EURCHF has joined in the love fest having remained on the back foot in recent sessions
Safe haven demand for the Swiss Franc has been notable of late with 0.9500-20 proving a tough hurdle to cross for USDCHF and EURCHF in steady retreat from 1.0500
But hey presto, the pair has seen a decent, even significant, rally this morning to 1.0388 from 1.0320 and that has provided more bids below 0.9400 for USDCHF
Offers at 1.0400 the next obstacle with more sellers/tech res into 1.0430-50. Should the Greek deal not materialise I can see this dropping back to 1.0300 again which will have the SNB wondering what else might get this pair back up.
