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USDCHF surged to multi-year highs of...>

DOLLAR-SWISS
DOLLAR-SWISS: USDCHF surged to multi-year highs of Chf1.0160 last Thursday.
Corrections have so far remained shallow and keeps the recent uptrend intact
which has seen CHF the second worst performing currency in G10 year-to-date,
with losses of over 3% against the dollar. The Mar 7 2017 high provides the next
resistance at Chf1.0171, expect supply behind on approach to the Chf1.02 level.
- Technically USDCHF is starting to look stretched and registers overbought
conditions on the 14-day RSI, MACD, Stochastics and upper boundaries of the
Bollinger band (2%), MAE (1% based around the 10-dma). 

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