EUR/CHF buying pressure continues. Hourly resistance is given at 1.1685 (26/01/2018 high). Expected to show further short-term upside moves.
In the longer term, the technical structure has reversed. Strong resistance is given at 1.20 (level before the unpeg). Yet, the ECB’s slowing QE program is likely to cause buying pressures on the euro, which should weigh in favour of the EUR/CHF. Supports can be found at 1.0184 (28/01/2015 low) and 1.0082 (27/01/2015 low).
. Expected to show further short-term upside moves.){kind=link}