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Swiss Franc: Further gains hinge on Euro resistance - Societe Generale

FXStreetSwitzerland

Swiss Franc: Further gains hinge on Euro resistance - Societe Generale

Societe Generale’s technical team notes EUR/CHF has broken a multi-month ascending trend line and briefly slipped below its 200-day moving average, forming an interim low near 0.9195. They see a rebound developing but stress the importance of reclaiming 0.9335/0.9370.

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