The unwinding of EUR/CHF shorts has been a big contributor to the EUR buying – 1.3404 was the high yesterday and will be resistance again today.
Topside:
- 1.3450/80 a broad sell zone
- 1.3390/1.3410 initial selling
Downside:
- Initial buying 1.3355/60
- Better buying at 1.3335/45
- Support buying at 1.3300/10 with stops kicking in below 1.3285/90
