Swissie has been one of the big movers in the past few days. There were no particular drivers cited but U.S. dollar weakness after Friday's NFP report and flight to safety in the run up to UK EU referendum are certainly two of them.

The pair lost 250 pips in three days and more than 300 from the top, set in May near 0.9950. It is back below the three daily moving averages and is currently testing 2011 - 2016 trendline with 100 WMA (0.9625) just below. 50 DMA is the initial resistance.

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