FXStreet – The risks for the currency pair EUR/CHF are still on the top. The Parallels in day out chart intact and in the weekly chart kristallisi only further upside potential, said Micaella Feldstein, a market analyst at the French Natixis investment Bank.
Against this Background, Price pullback to the 9-day line (act. in 1,0877) as a buying opportunity are perceived. We expect a further upward impetus in the direction of 1,0988 / 1,1002 (upper Bollinger Bank in the daily chart). A leap it is likely to put further upward potential in the direction of 1,1060 (Fibonacci Extension) and 1.11/1,1120 (upper Bollinger Band in the monthly chart). The supports lie at 1,0914, 1,0877, 1,0802 and 1,0730/55.
** FXStreet News Editorial, FXStreet**