EURCHF still feeling the love as USDCHF remains underpinned 10 July
Both pairs feeling the love as USDCHF finds a base at 0.9630 and general euro demand also helping to push EURCHF to 1.1016, the highest since Sept last year.
I wouldn't put it beyond the SNB to have provided a helping hand here, making the most of favourable p/a to just tease the pairs higher. They don't always have/want to be fighting a rear-guard action. That 0.9630 area certainly appears to have some decent interest lately.
Expect more offers/res into 0.9680-00 and 1.1030-50.
