Swissy beats a retreat..

Author: Pete Jackson | Category: Forex Orders

Sharp bounce in the USD/CHF just now as market awaits the 2nd Greek vote.  Catalyst appears to be a break up through the 21 day MA at 1.2095 in EUR/CHF led by some aggressive buying from a US investment house, which has tripped some CTA and model stops. USD/CHF jumps to 0.8385 with EUR/CHF up around 1.2130 from  1.2077

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