Last Friday Swiss GDP unexpectedly rose 0.20 % while yesterday Swiss KOF eco barometer also jumped to 100.70, 0.30 points after a revision (100.40). Equities are main driving forces of the market at this point. USDCHF is safe heaven vs safe heaven so it is also exposed to European stocks and Chinese stocks vs US index futures. Adding to that correlation to EURUSD is strongly negative (opposite moving pairs). Technically I can spot V shaped reversal which has lead to forming of inner trend
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