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DOLLAR-SWISS: Renewed USD demand has seen USDCHF comfortably hold above
Chf0.9700 with gains extending through the 200-dma (Chf0.9731) to Chf0.9738.
This was highlighted by MNI in an analysis email (See MNI Analysis - USDCHF
Momentum Building Sep25 1347BST). We noted the hold above long-term uptrend
support off the Jan 15 2015 low at Chf0.9540 and subsequent break of Chf0.9600,
cemented the recovery. Targeting the 200-dma & 38.2% retracement levels at