USD/CHF erodes the 55-day ma – Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank, notes USD/CHF has eroded the 55 day ma and the pair remains bid whilst above 0.9360, now targeting 0.9608/25 levels.
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France Consumer Spending (MoM) above expectations (-0.5%) in January: Actual (0.6%)

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