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Closure below the 200-dma..............>

DOLLAR-SWISS
DOLLAR-SWISS: Closure below the 200-dma (Chf0.9750) yesterday has seen the
downtrend spill over into Europe. The break of Chf0.9700 triggered renewed
momentum selling to 4-month lows of Chf0.9693. Next support seen at Chf0.9651
from the Apr18 low, a break opens Chf0.9628 which represents the 50% retracement
of the 2018 range Chf0.9188-1.0068). USDCHF last Chf0.9693.  

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