EUR/CHF breakthrough and rally continuation On the downside, minor support at 0.9502 will be closely watched. A break below this level could shift the intraday bias to neutral, leading to a period of consolidation before any renewed push higher. However, as long as buyers maintain control above this zone, the bullish outlook remains intact.
Recent price action and key levels However, failure to clear 0.8383 could trigger renewed selling pressure, leading to a deeper pullback. The first key support to watch remains at 0.8321. A break below this level would indicate fading bullish momentum and could expose the pair to further downside risks, with stronger support emerging around 0.
Intraday bias and key resistance level Market participants should remain cautious, as false breakouts are common in corrective phases. A failure to hold above key resistance levels could result in renewed selling pressure, bringing the downside scenario back into focus.
Intraday bias and key Fibonacci levels Key bearish signals to monitor include: If buyers regain control and push through 0.9035, the next key technical hurdle lies at 0.9200. This level previously acted as a strong resistance zone, capping upside moves.
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