- EUR / CHF weakens to new lows in 2020 on Thursday.
- Further declines are likely, with bears initially forecasting the level of 1.0462.
The EUR / CHF evolves in an abrupt downward trend below its main SMA over the daily period. The spot prints lows and lows higher while printing lows from 2020. The big picture suggests a fall in prices in the medium term, the bears staring at the price levels 1.0462, 1.0400 and 1.0337. Occasional bullish attempts may find resistance near the 1.0550, 1.0600 and 1.0667 levels.
Resistance: 1.0550, 1.0600, 1.0667
Support: 1.0462, 1.0400, 1.0337