USD/CHF: So-Called "Technical" EUR/USD Sales Add Support

Those scouring the bottom of the pan for reasons behind the latest EUR/USD sales have come up with "technical sales". The slightly upbeat US IP data combined with orders linked to the week-end onset are cited behind USD/CHF volatility but it is the Euro sales that are supporting the USD once more. USD/CHF has traded back through 1.2150 with the North American 1.2190 comfort-zone now eyed above.