Yesterday’s volatility on the back of broader risk aversion lead to several breakout’s-leaving very little range trade opportunities. The EUR/CHF’s unusual overnight price action has created a potential opportunity as it cemented a level of support. At last approach of the prior swing low Swiss policy makers saw fit to depreciate the local currency against the Euro as its continued appreciation threatened curb demand from its largest consumer and increase deflationary pressures.view original Daily FX article
