The Switzerland's currency was rising starting from 4-th October and now we see the possibility of a reversal
Technical factors:
there is a bearish engulfing candlesticks patter which was formed on the top of the trend the price is testing the trend line with the possibility of a reversal MACD lines are widening - this is the preliminary signal to sell
Summary: it is possible to sell after getting confirmation signals - the price has to break the trend line down (109,500).
Fundamental factors
On Thursday 24-th Manufacturing and Service PMI in Japan are being published. Manufacturing PMI is below the crucial level 50 and now is on 48,9 while Services PMI is still above 50.