Strong day for EUR/CHF continues

The latest push higher in the euro comes alongside a round of risk aversion but that hasn't lent any strength to the Swiss franc.

Technically the break above the December high clears the way for a return to 1.10 and a retest of the post-revaluation high of 1.1052. It would be fitting if it came on the one-year anniversary of the SNB switcheroo on Jan 15.