EURCHF EUR/CHF Technical & Fundamental Outlook
EUR/CHF has broken its trend support and the broader bullish structure, signaling increased bearish momentum. The strengthening U.S. dollar is exerting downward pressure on the forex markets, while the Eurozone faces economic challenges influenced by global trade policies.
From a technical perspective, the recent break of the uptrend support suggests a shift in market sentiment, with sellers maintaining control. Key resistance levels to watch are 0.93807 and 0.94179, while support is seen at 0.93299 and 0.92945. A potential retest of the 0.9400 area is possible, but the focus remains on 0.93800. If price consolidates below this level, further downside movement could follow.
