The EUR/CHF pair has been moving downwards since Wendsday, the 17th of February 2016, with the price dropping from as high as 1.1061 down to 1.0915.
During the Asia session, the pair fell aggressively from 1.1028 to 1.0922, then stabilize for a while and continue dropping to 1.0915. In the event that the seller manages to force the price below the level of 1.0880, the pair could find support at 1.0768.
On the flip side, in the scenario where the price breaks above the level of 10971, the pair could escalate up to 1.0990 and 1.1020 in extension.
Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.