USD/CHF: No relief for the bulls

There is no end in sight for the relentless selling of USD/CHF and those with any kind of bullish intentions are best leaving it alone.

The market is consolidating below .9300 and any rallies back towards .9310/20 are likely to now be considered selling opportunities. I am hearing though of some modest bids near .9250 which might support the pair now until Europe comes in.

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