EURCHF: Inflation still a negative catalyst for ECB!EURCHF
Intraday - We look to Sell at 1.0326 (stop at 1.0358)
Daily signals are mildly bearish. Price action continued to range between key support & resistance (1.0250 - 1.0330) although we expect a break of this range soon. The bias is to break to the downside. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0330, resulting in improved risk/reward.
Our profit targets will be 1.0254 and 1.0220
Resistance: 1.0280 / 1.0300 / 1.0330
Support: 1.0260 / 1.0250 / 1.0230
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