EUR/CHF Inner trend line retest in progress
|Composite and services PMI report went worse that expected but EUR seems to be well supported. EUR/CHF is still in uptrend and we can see it it close to POC zone 1.0905-0920 (historical breakout retest level-dotted line, inner trend line, 61.8, L3) and the price could reject to the upside targeting 1.0950 and 1.0973. If we see a 4h close or H1 momentum above 1.0973 then 1.0005 will be possible.
The pair should hold above 1.0880 for this scenario to be valid.
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