Since our last analysis, the EUR/CHF cross pair has staged a minor corrective slide and almost hit the support zone of 0.9540/9470 as highlighted. It printed an intraday low of 0.9565 on 19 April, staged a bullish reversal, and rallied by 3.8% (365 pips) in the next four weeks to hit the current 52-week high of 0.9930 seen today at this time of the writing. After the recent Swiss National Bank (SNB) surprise rate cut by 25 basis points (bps) on its main policy interest rate to bring it down to 1.50%, its first cut in nine years on 21 March, the Swiss franc (CHF) has underperformed against other G-10 currencies except ... (full story)