(10 JULY 2017)EUR / CHF:Monitoring 1.1000.

(10 JULY 2017)EUR / CHF:Monitoring 1.1000.

10 July 2017, 13:52
Jiming Huang
0
21

ec


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).

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