EUR/CHF chart - Trading View
- EUR/CHF has breached key support at 1.1183 on Thursday's trade and has closed at 1.1173.
- The Swiss National Bank (SNB) at its monetary policy meeting earlier this month reiterated that the franc is "highly valued".
- Breach at key technical support at 1.1183 has now raised the possibility for intervention by SNB to curb further appreciation in the franc.
- German bunds slid deeper into the negative territory, also aiding in downside.
- Technical studies on weekly charts show more pain for the pair. Scope for dip till 61.8% Fib at 1.1152.
- SNB intervention could see a pop in CHF crosses. Retrace above 200-DMA could see further upside.
Support levels - 1.1183 (key trendline support), 1.1152 (61.8% Fib)
Resistance levels - 1.1195 (5-DMA), 1.1279 (21-EMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/USD rises as soft US data pressures dollar
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary 



