On May 5, 2025, the EUR/CHF currency pair experienced a significant technical development, breaking through a key resistance level at 0.93300. The unexpected stagnation in inflation exerted downward pressure on the Swiss Franc, contributing to the EUR/CHF's upward momentum. From a technical perspective, the EUR/CHF had been forming a symmetrical triangle pattern on the 4-hour chart, indicating a period of consolidation. The breach of the 0.93300 resistance level signaled a potential bullish breakout from this pattern.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.