EUR/CHF Pulls Back to Trade at 0.9364 Amid Busy EU Market Period

The EUR/CHF currency pair has retreated from its session highs of about 0.9382 to trade at around 0.9364.

This pullback occurred on Wednesday and prevented the currency pair from reaching overbought levels on the 14-hour RSI.

From a fundamental perspective, the EUR/CHF is trading during a relatively busy period in the EU market.

The Germany consumer price index for July matched forecasts of 0.8% MoM and 2.8% YoY, while the harmonized index of consumer prices also met expectations of 0.9% MoM and 2.8% YoY.