Daily Pivots: (S1) 1.1861; (P) 1.1873; (R1) 1.1892; More…
EUR/CHF’s rally resumed after brief consolidation and reaches as high as 1.1894 so far. Intraday bias is back on the upside for 1.2 handle. Break there will extend the medium term up trend to 61.8% projection of 1.0629 to 1.1832 from 1.1445 at 1.2188. On the downside, below 1.1847 minor support will turn intraday bias neutral and bring consolidation, below staging another rally.