EUR/CHF raised some eyebrows after a momentary 35-pip spike above 1.2200. The move lasted almost no time at all and was surely some kind of fat finger trade but the pair has continued to gain since.
All told, EUR/CHF is up only 25 pips on the day but it’s the largest gain since March 4 and likely signals the end of the slide.
In the bigger picture, the series of higher lows and higher highs points to gains above 1.2250.
EUR/CHF daily
