Although markets are cheering into 2022 with safe-haven currencies on the weak side respective high-beta currencies on the strong side the swiss Franc is quite bid the first trading days of the year. That can mean two things: the swiss Franc is trading comparatively too strong or the celebrating risk markets will face reality soon.
EURCHF -- 1.0356
The downtrend is strong in the currency pair and there is not much hope for an event that can reverse the trend. Of course the SNB could intervene again like it did several times before. But for now the swiss Central Bank looks relaxed and I would not bet on a near recovery. At time of writing the pair trades quite in the middle of nowhere between an interims low of 1.0235 (apr2015) and the opposed former 1.05 intervention level. I recommend keeping your hands off directional trades for now. If you want to trade the pair think about a Straddle (or hedged Call/Put) like I have already advised in nov21:
USDCHF -- 0.9153
The currency pair looks battered and even higher Treasury yields (10 yrs went up 15 bp in two trading days) could not push the Dollar higher. The triangle chart pattern is still working but the downside looks at risk. Below the mid Bollinger band (0.9193) and the 50 ema (0.9203) the pair should be offered for now. Smallish support comes in at 0.9136/26 but any long scenario is really over below the 0.9085 level.
Good luck,
Sebbo