EURCHF Bearish retest at 0.9430 resistance

Trend Overview:
The EUR/CHF currency pair remains under bearish pressure, consistent with the broader downtrend. Current price action reflects a corrective pullback, which may be temporary before the next leg lower.

Key Levels to Watch:

Resistance (Key Pivot):
0.9430 – prior consolidation zone and short-term resistance

Above that: 0.9450 and 0.9470

Support:

Immediate downside target: 0.9380

Further support at 0.9360 and 0.9330

Scenarios:

Bearish Continuation:
If the current pullback stalls at 0.9430, it could mark a bearish rejection

This would likely resume the downtrend toward 0.9380, then 0.9360 and 0.9330

Bullish Reversal:
A daily close above 0.9430 would challenge the bearish structure

May signal bullish momentum and open upside toward 0.9450 and 0.9470

Conclusion:
EUR/CHF remains bearish while trading below 0.9430. A failure to break this level should reinforce the downtrend, with lower targets in focus. However, a confirmed breakout above 0.9430 would invalidate the current bearish bias and suggest a shift in sentiment toward modest upside. Traders should watch for rejection or breakout signals at this critical level.

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