EURCHF recently reversed up from the support area lying between the key support level 1.05800 (former resistance from the start of April) and the 50% Fibonacci correction of the previous upward correction from the middle of May. The upward reversal from this support area stopped the previous impulse wave 5. With moderate euro bullishness seen cross the markets today – coupled with the negative swish franc sentiment – EURCHF is likely to rise further toward the next resistance level 1.06500 (which stopped the previous waves (a) and 4).