EUR/CHF Weekly Outlook
After diving to new record low at 1.0061, EUR/CHF rebounded stronger as the Swiss Franc staged a broad based reversal on SNB’s comments. A short term bottom is formed at 1.0061 and more consolidation should be seen above there in near term. Initial bias is mildly on the upside this week for 61.8% retracement of 1.1891 to 1.0061 at 1.1192 and possibly above. But we’d expect upside to be contained below 1.1404 and bring reversal to extend the consolidations from 1.0061. Below 1.0685 minor support will flip bias to the
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