EUR/CHF offered below 1.0670 – Commerzbank

FXStreet (Edinburgh) - In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the stance for the cross remain bearish below 1.0670.

Key Quotes

“EUR/CHF massive sell off is now attempting to settle in the middle of a new range”.

“While capped 1.0670 (61.8% retracement) a negative bias will persist for a retest of the overnight low at .9715 charted 15th January”.

“Below here support lies .9307/40”.

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