EUR/CHF Technical Analysis

OANDA:EURCHF   Euro / Swiss Franc

The strength of Swiss Franc bewilders us as it was able to contain the hottest currency like Euro .
Despite EUR/USD & EUR/JPY moving to great heights, it is still in bearish territory and the counter has absorbed intense buying pressure.
Technically, the formation resembles a round top and so a sell-off is on the cards when the Euro corrects against erstwhile currencies.