EURCHF is creeping towards last weeks lows
Give or take a bit of cheese, the lows have mostly bottomed in and around the 38.2 fib of the SNB move at 1.0644. Last week's low at 1.0632 is only a few pips away from the Brexit vote low of 1.0624, so there's something about these lower levels.
EURCHF daily chart
Aside from what might be hanging around 1.0600, the next support I see is at 1.0575/80, and then we're into an area of traffic from May-Jul 2015, with the 50.0 fib bang amongst it at 1.0473.
As always, if we see a push lower the SNB talk will start up, if it's not already but their constant "overvalued" call is just getting more overvalued as time progresses.
Sod 'em I say ;-)
1.0670/80 is still an area that sees both support and resistance, depending on what side we're at at the time so look there for the main resistance if we move back up.
The euro is generally looking soft across the board so euro pairs are all in lockstep at the moment.
