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Chart - Courtesy Trading View
EUR/CHF was trading 0.99% lower on the day at 1.0329 at around 12:40 GMT, bias is bearish.
The pair failed to capitalize on early gains and has slipped lower from session highs at 1.0378.
The single currency under pressure as Russia-Ukraine conflict intensifies, with an end no-where near sight.
Belarus is preparing to join Russia, bringing in a fresh wave of risk-aversion, which underpins the safe-haven demand for Franc.
ECB's policymaker Fabio Panetta said earlier on Monday that Russian invasion of Ukraine is intensifying uncertainty.
He added that "ECB stands ready to act to avoid any dislocation in financial markets that could stem from the war in Ukraine and to protect the transmission of monetary policy."
Technical bias for the pair is strongly bearish. Bears on track to test major trendline support at 1.0260.
