EURCHF Chart Technical Outlook to continue lower on technical reasons bears eye 0.9650
EUR/CHF broad bias is bearish as it printed lower highs and lows this year. Both ECB and SNB are still-hawkish central banks.
The technical indicators prefer the bearish scenario. The daily RSI is below 50, and the daily MACD is negative. The retailers’ sentiment is bearish.
A break of 0.9700 opens the door to 0.9675 and 0.9650. Resistances are at 0.9735 and 0.9765.
