EURCHF recently broke through the key resistance level 1.06500 (which has been steadily reversing the price from the start of March), intersecting with the 50% Fibonacci retracement of the previous sharp downward impulse from the middle of January. With the strengthening bullish sentiment affecting the Euro today – EURCHF is likely to rise further toward the next resistance level 1.07000 (monthly high from March, which stopped the previous short-term correction (iv))