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Monitoring 1.1000.
(Yann Quelenn )
• EUR/CHF is now heading towards
psychological level at 1.1000. Selling pressures
are important at this mark. Hourly support is
located at a distance at 1.0922 (30/06/2017 low).
Expected to inch higher.
• 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).