EUR/CHF is approaching 1.07 handle

Heightened Brexit fears are pushing the regional safe haven Swiss Franc higher against the single currency.

The pair is just a few pips short of 1.07. The Asian session high stands at 1.1013. Speculation is on the rise that a sharp rise in CHF could see Swiss National Bank (SNB) intervene.

Major Levels

On the lower side – 1.0690

On the higher side – 1.0919