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FxWirePro- Major Pair levels and bias summary 
EUR/CHF chart - Trading View
EUR/CHF was trading rangebound on the day with session high at 1.0523 and low at 1.0512.
The pair is extending sideways for the 7th straight session as bears struggle to extend weakness below 1.05 handle.
The pair is currently testing the Swiss National Bank's unofficial peg (with the SNB seemingly slowing down their huge intervention in the cross).
All eyes on the crucial 1.05 mark, with risks for the major skewed to the downside.
Further, technical studies are strongly bearish, with no major signs of reversal seen. 'Death Cross' could plummet prices.
Flash Eurozone PMIs released earlier this week plunged to record lows. While on the other side, rising risk-off after Gilead's coronavirus drug fails in first trial keeps haven flows for the Franc.
Break below 1.05 will open downside for the pair. 76.4% Fib at 1.0206 then in sight for the bears.
