Where does CHF go (fundamental analysis)?

Removing the 1.2 floor of EUR/CHF by SNB caused a huge increase of CHF. While the hot topic is the extreme volatility of the market, I am curious what is the direction of CHF from fundamental analysis point of view.

The EUR/CHF capping kept the CHF low in the past three years because of the weak economy of EU. It was understandable that CHF gains its strength without this capping, but how much is the real strength of CHF obscured in the past three years by EUR/CHF capping?

I mean this huge movement of 2,000 is just part of the CHF strengthening, or it is exaggeration due to the market shock?

CHF will continues to rise or it will ease down?

How this change affect the Swiss economy? I guess the Swiss exporters are not happy, as they cannot compete with international rivals.

I wonder if there is one trader that could have shorted the CHF based on fundamental analysis. I am a technical analyst/trader and never thought that fundamental trading could be of any help to normal traders (not having access to top news in a fashionable time manner).

I am talking about fundamental analysis now, not predicting the removal of EUR/CHF cap.