• Bid tone around the single currency is helping EUR/CHF higher, currently trades at 1.04452
  
  
• Daily price action in the pair remains within the cloud, supported  by cloud base at 1.0403
  
  
• The pair trades range-bound with day's high by 1.04462 and lows by 1.04022, underlying bias is bearish
  
  
• Key to further Euro weakness may be economic data, flash PMIs on Friday will dictate the near-term mood 

Resistance Levels:

R3: 1.0465 (Daily High Jul 14) 

R2: 1.0452 (30 DMA)

R1: 1.0403: (Daily cloud base)

Support Levels:

S1: 1.0399 (Daily Low Jul 16)

S2: 1.0396 (Daily Low Jul 15)

S3: 1.0383 (30 DMA Lower Bollinger)