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EURCHF sees further recovery

EUR
  • A tight range for the EURCHF so far today, but it has been a consistent recovery from the printed low in February (0.93092).
  • The pair has now gained 3.36% from that level to Yesterday's high, and some Market Participants might start to look for test towards 0.96938, the September 2023 high.
  • Looking at more medium term, further breakouts higher opens to 0.9805, and Parity, last traded in January 2023.

Chart source: MNI/Bloomberg.

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