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EURCHF Faces Technical Ceiling as Geopolitics Bearish Momentum

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EURCHF Faces Technical Ceiling as Geopolitics Bearish Momentum

EURCHF is testing a significant 60-minute structure, with the current zone having been tested multiple times.
From a technical standpoint, strong resistance is firmly in place.

Adding to this setup, news of a U.S. strike on Iran sparked geopolitical tension ahead of the market open.

This development could increase demand for safe havens like the Swiss franc.

You may find more details in the chart!
Thank you and Good Luck!

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