EUR/CHF is trading slightly lower. The pair is trading between support at 1.1710 (19/01/2018 low) and resistance at 1.1832 (15/01/2018 high). Expected to show further short-term downside 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).