EUR/CHF chart - Trading View
EUR/CHF was trading 0.05% lower on the day at 1.1000 at around 08:40 GMT, extending weakness for the 6th straight session.
The pair hit 5-week lows at 1.0992 before trimming some losses to trade at 1.10, outlook remains bearish.
The single currency found some bids after upbeat German Industrial Production data which showed that recovery in German manufacturing sector may have regained traction.
Data released earlier today showed Industrial Production in Germany rebounded sharply in February, to 3.6% MoM, beating expectations at 2.4% and compared to a-3.5% fall last month.
On an annualized basis, the German industrial production plunged by -6.4% in February versus a -4.0% drop recorded in January.
EUR/CHF trades with a bearish bias. The pair is testing cloud support. Break into daily cloud will drag the pair lower.
Next bear target lies at 55-EMA at 1.0977 ahead of 38.2% Fib at 1.0963. Bounce off cloud support and retrace above 5-DMA negates any bearish bias.


EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro : GBP/NZD strongly bearish despite upside attempts
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major) 



