What I would ideally like to see next is for rates to dip back down to that 1.0870 to 1.0915 old resistance area, which should then turn into support, leading to a nice rebound. Anyway, the key takeaway point is that with such a strong resistance area (1.0870 to 1.0915) having been cleared after a very long period of consolidation, it is highly likely the EUR/CHF will continue higher for weeks and possibly months to come. Thus, any short-term dips in the interim should be seen as retracements rather than trend reversal, until such a time that the price makes a distinct lower low.
