The Swiss franc is advancing marginally vs. its European peer on Thursday, taking EUR/CHF to the area of recent highs around 1.1150. EUR/CHF stronger on EUR-buying The cross is advancing for the seventh week in a row, and remains on its way to challenge recent highs in the 1.1170 area following a softer tone in the Swiss currency and a somewhat firm sentiment gyrating around EUR. In addition, one could not rule out the ‘hand’ of the SNB behind this uninterrupted upside as well. While ECB’s Draghi and Mersch will keep investors entertained during the European morning, Switzerland’s Consumer Climate tracked by SECO has come in at -14 for the first quarter, bettering estimates at -15 and up from the previous -18. EUR/CHF significant levels At the moment the cross is losing 0.04% at 1.1153 with the immediate support at 1.1001 (20-day sma) followed by 1.0897 (55-day sma) and then 1.0885 (100-day sma). On the upside, a break above 1.1172 (high Jan.29) would expose 1.1200 (psychological level). Trade Nonfarm payrolls with FXStreet – Live Coverage For more information, read our latest forex news.