FX Technical Volume Strategy: Investors back the EUR/CHF rally

– Activity picked up on the day with the increase in SEK volumes pushing it to the top spot in the G10 rankings. 
– EUR/CHF above range highs on twice the previous day’s volumes as investors rush to cover CHF longs.
– EUR/SEK saw a further increase in activity as the upside range break spurred selling of the Scandinavian currency.
– The break below 1.3000 in EUR/USD saw an increase in the daily volume which suggests a move lower in range.

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