• EUR/CHF remains constructive, with focus turning back to the YTD high at 0.9350

• Swiss CPI matched expectations, though the print was softer than the prior month

• Broader risk appetite should remain the key driver for CHF direction near term

• Initial resistance is seen at 0.9350, with a break opening 0.9395-0.9400

• Support comes in at 0.9265, then 0.9220-30 (200-day MAs)
EURCHF daily chart


Swiss CPI


Justin McQueen is a Reuters market analyst. (The views expressed are his own). ((Email: ))