Looks to test the 1.0700 level and lower trend line at 1.0688.
The EURCHF has broken to new low and in the process is trading at the lowest level since April 2017 (see weekly chart below). There is a lower trend line at 1.0656. Below that the swing lows from 2016 in 2017 at 1.06314 at 1.06177 as the next targets.
Drilling to the 4 hour chart below, a lower trend line cuts across at 1.0692. That is the next target on the downside.
Earlier this week, the price tried to extend above a topside trend line only to fail and start the run back to the downside over the last day and 1/2.
