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Trade war rhetoric underpins CHF which........>

SWISS
SWISS: Trade war rhetoric underpins CHF which remains near the top of G10 in
early Europe.
- USDCHF moved back through parity with the downtrend extending to Chf0.9969,
its lowest levels since Apr 4. It recently charted a long-legged Doji which is
an impending shift in trend, with next support at Ch0.9960/54 from the 200-dma
(not closed below since Mar 21) & Apr 3 low.
- EURCHF printed Chf1.1135, its lowest levels since July 2017. Expect support on
approach to the psychological Chf1.11 level. 
- The recent triple bearish crossover (50-dma below 100 & 200-dma's) has seen
AUDCHF print extended lows of Chf0.6923 with key support at Chf0.6902 from the
May 24 low.
- NZDCHF eased to Chf0.6529 and is now within touching distance of the Jan 3 ytd
low at Chf0.6516. 
- CHFNOK extends to Nok8.7804 underpinned by the bullish MA crossover (50dma
above 100-dma).

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