EUR/CHF Daily Outlook: Neutral Bias with Key Resistance and Support Levels
EUR/CHF Daily Outlook
The intraday bias in EUR/CHF remains neutral for consolidations above 0.9159. A further decline is expected as long as the 0.9641 support level continues to act as resistance. The recent rebound from 0.9476 appears to have completed its move at 0.9772. Should the pair drop below 0.9519, it would likely retest the 0.9476 level. A firm break below this point would resume the fall from 0.9928 to the 100% projection of 0.9928 to 0.9476 from 0.9772, potentially reaching 0.9320.
Key Levels to Watch
- Support: 0.9159
- Resistance: 0.9641
- Projected Low: 0.9320
Monitoring these levels will be crucial for traders navigating the EUR/CHF pair.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.