The EUR/CHF currency pair has confirmed its adherence to the bearish trend, moving within a defined bearish channel. The price, currently approaching the 0.9495 level, has experienced notable losses, reaching the initial target of 0.9405.
Major technical indicators continue to signal negative momentum, reinforcing the bearish outlook. The next anticipated support level is 0.9375, and a breach of this level could drive the price further down to 0.9325.
Today’s projected trading range for EUR/CHF is between 0.9440 (resistance) and 0.9375 (support).
Trend Forecast: Bearish
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