EURCHF currency pair recently broke through the support area located between the key support level 1.03800 (low of the previous correction (a) and the top of the earlier waves A and (b) from March) and the 38.2% Fibonacci correction of the previous upward impulse from the start of April. Given the rising swiss franc bullishness seen across the FX markets today – EURCHF currency pair can be expected to fall further toward the next support level 1.02500 (target for the completion of the active minor impulse wave (c)).