The EUR has emerged with AUD as the major winners so far this sessionn as we approach lunchtime.
Traders seem to be doing their bit to test the protector of the USD/CHF 0.9800 option. The low for business has been 0.9802. Assuming it holds watch for a reasonable move further up in EUR/CHF currently at 1.3155; if not the stops will drive the move possibly quite sharply.
Who will win ? who knows ! Whoops too late…there’s another barrier seen off…
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