Swissy pairs surge higher again via ForexLive

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

posted via ForexLive