Follow-through buying after Wednesday's FOMC decision saw Swissie briefly broke above 2015 high (1.0328) yesterday, posting a six-year high (1.0343). There seemed to be little reaction to the SNB which kept its policy stance unchanged.

The pair is pulling back from the highs and 1.02 - 1.025 looks like a decent initial support. Should the rally continue, the first major resistance is seen near the 2008 - 2016 support/resistance line which is backed by the big figure level at 1.05.

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