It took a while after the earlier Danthine comments but we've seen a surge now on USDCHF and EURCHF
Highs so far 0.9103 and 1.0301
EURCHF had a swathe of offers and resistance into 1.0250-60 so that's another line in the sand now taken out after the SNB fallout
EUR demand across the board with EURUSD up to 1.1327 EURJPY in a real turnaround to 133.81
Funny ol' game
Yesterday I signed off with another CHF post pointing out that an SNB target can not be ruled out given the 1.1000 talk and Danthine this morning has added fuel to that fire
No word on intevention per se but I'll keep my ears open
Update : EURCHF 1.0375 USDCHF 0.9155
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