EUR/CHF chart - Trading View
- EUR/CHF has breached key support at 1.1183 on Thursday's trade and has closed at 1.1173.
- The Swiss National Bank (SNB) at its monetary policy meeting earlier this month reiterated that the franc is "highly valued".
- Breach at key technical support at 1.1183 has now raised the possibility for intervention by SNB to curb further appreciation in the franc.
- German bunds slid deeper into the negative territory, also aiding in downside.
- Technical studies on weekly charts show more pain for the pair. Scope for dip till 61.8% Fib at 1.1152.
- SNB intervention could see a pop in CHF crosses. Retrace above 200-DMA could see further upside.
Support levels - 1.1183 (key trendline support), 1.1152 (61.8% Fib)
Resistance levels - 1.1195 (5-DMA), 1.1279 (21-EMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro- Major Pair levels and bias summary 



