• EUR/CHF bounces from 1.0469, currently trades at 1.0512, day's range 
  
  
• Solid resistance by 1.0508 (30-day upper bollinger-band) likely to cap gains 
  
  
• "The outlook for the cross remains bearish below the 1.0500 level (2015 downtrend)" says Karen Jones, Head of FICC Technical Analysis at Commerzbank
  
  
• The pair to find support on the downside at 1.0460 (Daily Low Jul 22), below which it could extend fall to 1.0420 levels
  
  

Resistance Levels:

R3: 1.0546 (Spike High Jun 25) 

R2: 1.0540 (Daily High Jun 11) 

R1: 1.0508 (30-Day Upper Bollinger)

Support Levels: 

S1: 1.0460 (Daily Low Jul 22)

S2: 1.0428 (Daily Low Jul 21)

S3: 1.0405 (Ichimoku Cloud Base)