Since peaking near 1.0325 in November, Swissie has been making lower highs. It has remained supported in the dips though with SNB no doubt playing its part.

0.98 is an important pivot that goes back several years. It is currently reinforced by 200 DMA. If this level gives way, 0.95 - 0.96 will come into focus. 50, 100 DMA and the parity level are defending the topside.

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