EUR/CHF chart - Trading View
EUR/CHF has erased some of the day's gains and was trading at 1.0763 at around 11:20 GMT.
The pair has slipped lower from session highs at 1.0781, struggles at daily cloud resistance.
The single currency buoyed as risk sentiment recovers and German ZEW Economic Sentiment Index beat estimates.
German ZEW headline Economic Sentiment Index improved to 61.8, beating estimates at 60.0 and above prior reading of 55.0. The Current Conditions index arrived at -66.4 in Jan versus -68.5 expected and -66.5 prior.
Further, the Eurozone ZEW Economic Sentiment for Jan unexpectedly rose to 58.3 vs. 45.5 expected and 54.4 last.
EUR/CHF is holding above 200-DMA support. The pair has bounced off major trendline support with Doji formation.
Retrace above cloud will negate any further weakness. On the flipside, breach at 200-DMA support will open downside.


FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 



