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CHF continues to underperform and is top of...>

SWISS
SWISS: CHF continues to underperform and is top of the G10 pile with losses of
0.56% against the USD. USDCHF hit parity accelerating the move to near 2-month
highs of Chf1.0018. The YTD high at Chf1.0057 is expected to provide stiff
resistance, opening Ch1.0100 (May11 2017 high). EURCHF squeezed through the
200-dma (Chf1.1675) to Chf1.1696 and holds firm at typing. The 100-dma sits at
Chf1.1712, a break and hold above would represent a bullish close, opening
Chf1.1762 which represents the 61.8% retracement of the 2018 range
Chf1.2005-1.1368. 

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