EURO-SWISS: Trading lower now back under Chf1.5200 area amid light
flows and despite earlier remarks from SNB`s Jordan reiterating the
bank`s desire that the Chf not strengthen inordinately due to the
deflation risks that represents. Pair trading saw lows at Chf1.5185 a
short while ago retreating from Chf1.5215 area seen as Jordan remarks
were reported the pair back near the early European session lows.
If the trend remains high watch out for the resistance at 1.5225 and 1.5254. the supports are 1.5179 and 1.5145 ...
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