Pushing higher.
(By Yann Quelenn )
• EUR/CHF is still trading above psychological
level at 1.1000 and the pair is ready to monitor
1.1100. Selling pressures are growing below
1.1100. 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).
