The EUR/CHF pair has been moving downwards since Thursday, the 10th of March 2016, with the price dropping from as high as 1.1022 down to 1.0950.
During the Asia session, the pair has been ranging between the levels of 1.0943 and 1.0968. In the event that the seller manages to force the price below the level of 1.0922, the pair could find support at 1.0897 and 1.0868 respectively.
On the flip side, in the scenario where the price breaks above the level of 1.0978, the pair could escalate up to 1.0986 and 1.0995 in extension.
Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.