EUR/CHF to break below the 0.97 level – Credit Suisse

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EUR/CHF to break below the 0.97 level – Credit Suisse EURCHF Banks

“Weekly MACD momentum is turning freshly lower back into negative territory. This, along with our risk-off stance, leaves us biased towards further CHF appreciation.”

“We believe a range breakdown below 0.9712/00 is likely in due course, which would open up a move to 0.9559 next and potentially the 0.9411 low.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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