Although this pair has been heavily bearish as of late, I'm expecting a pullback to around 0.66 area. Too early to determine where price will go once that point is reached, wait and observe.
Price is accumulating, doesn't seem to want to breach 0.85 area, perhaps this is where the Euro will take control.
Commodity currencies such as the CAD, AUD, and NZD are all at all-time lows against the CHF. I have a feeling a risk-on appetite will overtake the market at least for the near future. I'm expecting a short-term bullish rise back to 0.66 area, as support appears to have been reached. From there, initial bias would be a continuation of the overall bearish trend,...