Consolidating around 1.14.
(Yann Quelenn )
• EUR/CHF's buying pressures are very
important and is trading below 1.14. Hourly
support is located at a distance at 1.0984
(13/07/2017 low). Road is wide-open for further
strengthening.
• In the longer term, the technical structure is
mixed. Resistance can be found at 1.1200
(04/02/2015 high). Yet,the ECB's QE programme
is likely to cause persistent selling pressures on
the euro, which should weigh on EUR/CHF.
Supports can be found at 1.0184 (28/01/2015
low) and 1.0082 (27/01/2015 low).
