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Chart - Courtesy Trading View
EUR/CHF was trading 0.08% lower on the day at 1.0550 at around 12:10 GMT.
The pair is extending weakness for the 2nd straight session, slips lower from 3-month highs at 1.06038.
Oscillators are at overbought levels and RSI is showing a bearish rollover into neutral territory.
Chikou span is biased lower, retrace into daily Ichimoku cloud will drag the pair lower.
MACD and ADX support gains. Price action is above 200H MA, bounce off 110-EMA will see upside resumption.
Next major resistance lies at 50% Fib at 1.0618. Break below 110-EMA will drag the pair lower to test 55-EMA at 1.0450.
