EUR/CHF chart on Trading View used for analysis
- EUR/CHF trades in tight ranges on the day, with session high at 1.1414 and low at 1.1392.
- The pair remains largely muted at 1.14 handle despite upbeat EMU CPI data.
- Data released earlier today showed headline consumer prices are expected to rise at an annualized 2.2% in October.
- While Core prices are seen gaining 1.1% over the last twelve months, both prints coming in above expectations.
- Technical indocators are neutral to slightly bullish. Breakout of cloud likely to see further upside.
- On the flipside, we see weakness below 5-DMA at 1.1387. Dip till lower Bollinger Band at 1.1352 likely.
Support levels - 1.1387 (5-DMA), 1.1352 (lower BB)
Resistance levels - 1.1416 (20-DMA), 1.1457 (110-EMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
China’s Growth Faces Structural Challenges Amid Doubts Over Data
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
Moldova Criticizes Russia Amid Transdniestria Energy Crisis
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Stock Futures Dip as Investors Await Key Payrolls Data
China's Refining Industry Faces Major Shakeup Amid Challenges
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 



