Looks like the Swiss Central Bank made the right decision by not imposing negative rates in a panic move after the ECB cut rates and introduced ABS/covered bond buys.

EUR/CHF finished the week near highest since Sept 17 after touching 1.2111. Buying the dips in EUR/CHF has been one of the great trading strategies of the last 3 years.

EURCHF daily

EURCHF daily

That said, it might be tough to break the Sept high of 1.2118.