EUR/CHF chart - Trading View
EUR/CHF was trading rangebound on the day with session high at 1.0781 and low at 1.0772.
The pair is consolidating previous session's slump and breach below channel base support has opened downside.
Price action has tested and is hovering around 76.4% Fib at 1.0776, technical studies indicate more downside.
MACD is well below the zero level and ADX is rising with -ve DMI dominance, supporting more weakness.
Stronger economic data in the US and Eurozone improved the risk appetite and diminished demand for the safe-havens.
Focus now is on eurozone Unemployment Rate, Consumer Confidence data, and German Harmonized Inflation Rate for impetus.
Technical bias is bearish. Scope for test of trendline support at 1.0735 ahead of 88.6% Fib at 1.0716.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 



